Logos acquires 51% of Guaraldi; adds literature portal
www.multilingual.com 22/08/2000


The Logos Group, a provider of multilingual information management services, has acquired a 51% interest in Guaraldi Editore of Rimini (http://www.guaraldi.it), a publisher of fiction and nonfiction which it sells through conventional channels and on-line. As part of the acquisition agreement, Guaraldi's material will also be accessible via Logos' new on-line literature portal at http://www.wordtheque.com. Works can be browsed on-line for free and purchased by download or mail order.

Through the Logos network of literary translators, Guaraldi's more important titles will be offered over the Internet to a world market, already translated into the languages most in demand. Foreign publishers wanting to acquire print-on-paper rights for items in the Guaraldi catalogue will find ready-made translations.

The acquisition of Guaraldi heralds the transformation of Logos' current electronic library, which carries 16 thousand works in 113 languages downloadable free-of-charge, into a major multilingual literature portal.