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HOOVER\'S, INC., a subsidiary of Dun and Bradstreet , is an American business research company that has provided information on companies and industries since 1990. Since 1993, the company has made its information available on its website. Gary Hoover and Patrick Spain founded the company.

CONTENTS

* 1 Operations * 2 Origins and expansion * 3 Headquarters * 4 See also * 5 References * 6 External links

OPERATIONS

Hoover's
Hoover's
maintains a database of more than 85 million companies and 100 million people using an in-house editorial staff of industry experts. The company derives most of its revenues from subscriptions, which are sold primarily to sales, marketing, and business development professionals. It provides less-detailed company, industry, and executive information to non-subscribers. Hoover's
Hoover's
also publishes analytical features through its Hoover's
Hoover's
Index pages, and its Bizmology and BIZ blogs.

Besides publishing information on its website and in its books, the company distributes information via data feeds and third-party licensing agreements. Hoover's
Hoover's
is headquartered in Austin, Texas
Austin, Texas
and also has employees in North America, Europe, and Asia.

ORIGINS AND EXPANSION

Hoover's
Hoover's
was started in 1990 by Gary Hoover , Patrick J. Spain , Alan Chai and Alta Campbell. Hoover earlier had founded the Bookstop book store chain and then sold it to Barnes it published reference books about companies. (It still produces books for libraries and related markets, but book publishing is now a small part of the company's sales.)

The company grew rapidly under a business team led by Spain that included Carl Shepherd, Lynn Atchison, Elisabeth DeMarse, Jani Spede, Kris Rao and Gordon Anderson, among others. Spain was CEO from 1993 to 2001 and chairman from 1994 to 2002.

Hoover's
Hoover's
made an initial public offering on the NASDAQ
NASDAQ
exchange in 1999. The company is now a subsidiary of Dun & Bradstreet , which bought Hoover's
Hoover's
for $119 million in 2003 even though a higher offer was submitted at $138 million and the sale opposed by Disciplined Growth Investors , an asset management firm that held 5.3% of Hoover's shares. Dun the company announced the move in a press release on July 11, 2001. A complete renovation transformed the 80,000-square-foot (7,400 m2) former bread making factory into office space.

*

New offices at 5800 Airport Blvd., Austin, TX 78752 *

Former offices at 1033 La Posada Dr., Suite 250, Austin, TX 78752

SEE ALSO

* List of companies based in Austin, Texas
Austin, Texas

REFERENCES

* ^ Anupreeta Das (July 31, 2012). " Dun & Bradstreet Explores Sale". The Wall Street Journal
The Wall Street Journal
. * ^ "Hoovers - Company Information - Industry
Industry
Information - Lists". hoovers.com. * ^ Solomon, Steve. "The Dynamic Duo." Inc. . October 15, 1997. Retrieved on April 7, 2014. * ^ "Hoovers - Company Information - Industry
Industry
Information - Lists". hoovers.com. * ^ A B See, e.g., Hoover's
Hoover's
SEC filing 10-K, 31 March 2002 * ^ Hoover's
Hoover's
SEC filing 424B4, 21 July 1999 * ^ Hoover's
Hoover's
SEC filing 15-12G, 3 March 2003 * ^ "AV, Marathon propose sweeter bid for Hoover\'s". Austin Business Journal. * ^ Dun & Bradstreet Corporation SEC filing 10-K, 28 February 2007 * ^ http://www.highbeam.com/about/bio/execPatrickSpain.hbr * ^ "404 Not Found". hoovers.com.

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