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.
* 1 Operations
* 2 Origins and expansion
* 3 Headquarters
* 4 See also
* 5 References
* 6 External links
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 also publishes
analytical features through its
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
Hoover's is headquartered in
Austin, Texas and
also has employees in North America, Europe, and Asia.
ORIGINS AND EXPANSION
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
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 made an initial public offering on the
NASDAQ exchange in
1999. The company is now a subsidiary of
Dun & Bradstreet , which
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 J