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130:. The company at that time was known as Online Research Systems, a name Nelson chose to disguise the fact that he was the only employee of the company, operating out of an apartment in Spanish Harlem, New York City. The interface was designed to connect over the phone lines to mainframe computers of vendors, primarily
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Nelson had attempted, unsuccessfully, to obtain funding for the company. In order to fund operations, Nelson began building computers in his apartment, selling them along with the software. When the first product was released in 1988, the company changed its name to CD Plus. The product quickly
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became successful, fueled by innovations in search engine technology. Most importantly, Nelson had devised algorithms that encapsulated much of the complexity of
Medline's lexicon, enabling end-users to achieve a high level of search precision without the need to master Medline's intricate
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interface to MEDLINE was named Ovid and released in 1992. Nelson, who had majored in
English Literature and minored in classical languages, chose the name Ovid as a homage to the ancient Roman poet's most famous work, Metamorphoses. Several years later, Nelson started the
134:, which were running in-house search engines designed for Medline. However, fearing potential competition, these vendors shut off access for the interface. Nelson then decided to write his own Medline search engine, one of the first that was based on PCs.
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In 1998, Nelson, who still retained the majority of Ovid shares, was wary of the market bubble that had been building for several years. He engaged
Goldman Sachs to sell the company. Wolters Kluwer acquired the company in October, 1998, for $ 24.59/share.
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Ovid introduced a new database search interface called OvidSP in 2007. This has replaced the Ovid
Gateway interface, which was retired in February 2008, and the SilverPlatter interface, which was retired in January 2009.
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Ovid continued to make inroads against its competitors. In 2001, Wolters Kluwer purchased the rival
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database was once its chief product but, as this is now freely available through
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Ovid was founded in 1984 by Mark Nelson, who had developed an interface to
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Ovid
Technologies bought by Wolters Kluwer for $ 200 million
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company and merged it into Ovid during 2001 and early 2002.
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128:US National Library of Medicine
299:Wolters Kluwer Health - OvidSP
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338:Academic publishing companies
239:Ovid: A narrative chronology
100:National Library of Medicine
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274:", Ovid Technologies, Inc.
197:", Ovid Technologies, Inc.
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323:Bioinformatics companies
303:Information World Review
82:for short), part of the
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88:bibliographic databases
76:Ovid Technologies, Inc.
24:Ovid Technologies, Inc.
18:Blue Book (CD standard)
142:. The company's first
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270:2007-10-23 at the
241:", NIC Corporation
219:Information Today
213:Quint, Barbara. "
144:Microsoft Windows
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312:Categories
181:References
156:BRS Online
132:BRS Online
78:(or just
268:Archived
140:taxonomy
38:Industry
124:MEDLINE
118:History
104:MEDLINE
56:Founder
48:Founded
160:NASDAQ
108:PubMed
98:. The
80:Ovid
51:1984
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