LexisNexis has acquired its Delhi-based rival Universal Law Publishing for an undisclosed amount. LexisNexis India is the domestic arm of the USD 9-billion Anglo-Dutch Reed Elsevier group and claims to be the leader in the around Rs 500-crore legal publishing industry in India.
While LexisNexis India employs around 200 people here, Universal Law Publishing has a headcount of around 50 and has offices across the main cities in the country. ADVERTISING Based in Delhi, LexisNexis has offices in Mumbai, Bengaluru and Chennai. Globally, LexisNexis is a leading publisher and online solutions provider for legal, tax, academic and test-preparation books.
Universal has been publishing legal books for legal professionals, academics and students for the past five decades and some of its writers include retired justices V R Krishna Iyer and P N Bhagwati and legal eagle Soli Sorabjee, among others. When contacted LexisNexis India managing director Mohan Ramaswamy refused to comment on the deal size, citing confidentiality clause, since both the parties are privately held in the country. “Universal Law perfectly complements our existing range of offerings in the legal market. Their presence in the bare act space expands our reach to a large set of legal practitioners. We expect to make Universal’s content available on our online legal research solution Lexis India, providing even more content to our customers,” he said.
LexisNexis owns brands such as Halsbury’s, Aller, Butterworths, Martindale-Hubbell, Matthew Bender and Wadhwa Nagpur. It serves customers in over 175 countries and 10,000 worldwide and is part of the Relx Group, which in turn is owned by the Reed Elsevier Group and is dual listed on the New York and London exchanges. RELATED NEWS Contil India standalone Mar ’15 sales at Rs 0.17 crore Biopac India standalone Mar ’15 sales at Rs 16.25 crore READ MORE ON LexisNexis, LexisNexis India, Universal Law Publishing, Reed Elsevier Group, Mohan Ramaswamy, Relx Group, Hubbell, law publishing house, online solutions, Matthew Bender, Krishna Iyer, Wadhwa Nagpur, Lexis India
LexisNexis India is the domestic arm of the USD 9-billion Anglo-Dutch Reed Elsevier group and claims to be the leader in the around Rs 500-crore legal publishing industry in India.