![]() ![]() The sale led to debate on scientific networks and in the media interested in Open Access, and upset members of the scientific community who felt that the Mendeley's acquisition by Elsevier was antithetical to Mendeley's open sharing model. The deal price was speculated to be €50 million (US$65 million). ![]() Mendeley was purchased by the academic publisher Elsevier in early 2013. The recommendation was revoked after Elsevier bought Mendeley. In 2012, Mendeley was one of the repositories for green Open Access recommended by Peter Suber. In 2009, Mendeley won several awards including "European Start-up of the Year 2009", TechCrunch Europas "Best Social Innovation Which Benefits Society 2009", and The Guardian ranked it #6 in "Top 100 tech media companies". Victor Henning and Jan Reichelt receiving the Plugg "European Start-up of the Year" award, 2009 The company's investors included some people previously involved with Last.fm, Skype, and Warner Music Group, as well as academicians from Cambridge and Johns Hopkins University. The first public beta version of the software was released in August 2008. ![]() The company Mendeley, named after the biologist Gregor Mendel and chemist Dmitri Mendeleev, was founded in London in November 2007 by three German PhD students. It is used to manage and share research papers and generate bibliographies for scholarly articles. Mendeley is a reference manager software founded in 2007 by PhD students Paul Foeckler, Victor Henning, Jan Reichelt and acquired by Elsevier in 2013. ![]()
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