Clarivate (NYSE:CLVT) is one of the cheap penny stocks to buy now. On June 24, OverDrive and Innovative announced a joint strategy for deep integration of their respective digital library solutions. The integration centers on OverDrive’s Libby app, Kanopy, and Clarivate’s Vega LX platform, which further includes Vega Discover and Vega Program.
The goal is to use each company’s technologies to improve how readers and library staff interact with both print and digital materials in a library’s catalog. OverDrive and Innovative from Clarivate are actively seeking input and prioritization from library partners through a series of meetings with the OverDrive Advisory Group and at upcoming Digipalooza 2025 partner roundtable meetings.
A state-of-the-art computer lab filled with engineers working on new analytics technologies.
More updates on the collaboration will be shared later in 2025, with new tools and benefits expected to roll out in 2026. This is a non-exclusive initiative, so new tools will be available to all approved OverDrive partners.
Clarivate (NYSE:CLVT) is an information services provider that operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. OverDrive is a mission-based company that supports libraries and schools.
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Disclosure: None. This article is originally published at Insider Monkey.
