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  September 5, 2001
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Home > Company Index > Diversified Services > Miscellaneous Business Services > RoweCom, Inc.

RoweCom, Inc.
Nasdaq: ROWE
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 PROFILE
RoweCom makes it OK to do a little electronic shopping at your desk. The company's kStore, kLibrary, and Faxon services allow businesses to create custom online stores from which employees can order from a selection of more than 240,000 magazines, newspapers, and journals. RoweCom markets its services to businesses in information-oriented industries such as high-tech, health care, and financial services. Its partners include barnesandnoble.com, Office.com, and TheStreet.com. The company cancelled a deal to acquire content partner NewsEdge, which distributes financial and world news to enterprise and subscription customers. It later struck a deal to be acquired by fledging Web design software firm divine.

 COMPETITION
Dow Jones & Company, Inc. (DJ)
EBSCO Industries Inc. (dossier)
LexisNexis Group (dossier)

 DEALS
Deal: Divine to Acquire RoweCom
Date Announced: 05.24.01
Value of transaction (US $Mil): Not Disclosed
Description: Enterprise solutions company will acquire e-commerce solutions firm RoweCom.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 347.60
1-Yr. Sales Growth: 13.0%
Employees: 719
Revenue per employee: $483,449.24

 KEY PEOPLE
• Richard Rowe
    CEO
• Rodney Smith
    CFO

 CONTACT INFO
15 Southwest Park
Westwood, MA 02090
US
Phone: 781-410-3300
Fax: 781-329-9875
Online: Web Site

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