(29 Jul 2019) Elsevier, a global information analytics business specializing in science and health, today announced it has signed a definitive agreement to acquire Parity Computing Inc. (“Parity”), a California-based business that employs artificial intelligence to provide high-accuracy entity resolution, profiling and recommendations for STM content and applications in the world of research.
Parity provides disambiguation technology for Elsevier’s abstract and indexing databases that help researchers, universities, national bodies and other stakeholders improve decision-making and answer critical questions. Resolving ambiguities in entities and relationships that appear in publications – such as author and institution names, and citations and attributions for articles, grants, and patents – lays the foundation for the analytics and decision support capabilities of Scopus.
Parity and Elsevier will work together to build on Parity’s existing capabilities, deepen their integration and extend them more broadly across Elsevier’s research platform.
“Parity’s team brings deep academic and research experience in addition to technical expertise,” said Dr. Ramamohan Paturi, Founder and Chairman of Parity. “We are excited to join Elsevier, and together we’ll be able to better serve researchers, universities and R&D organizations.”
Parity’s success is derived from the talent of its technical staff, including data scientists, software developers and content specialists. Parity employs a core team of computer science PhDs with extensive experience in machine learning, natural language processing and semantic technologies; they will join Elsevier’s research product team, which supports Scopus, SciVal, Aries, Pure, SSRN, bepress and Science-Metrix.
“By working more closely with Parity, we can deliver even better insights to help researchers, universities, governments and funding agencies make better decisions by enabling them to find emerging trends, increase the visibility of their research, build collaborative networks, bolster funding applications and articulate the value of research,” said Olivier Dumon, Managing Director, Research Products at Elsevier.
Parity is headquartered in San Diego, California, with offices in Bengaluru and New Delhi, India.
The original press release is here.