D&B Hoovers
Template:Short description Template:Multiple issues {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} D&B Hoovers was founded by Gary Hoover and Patrick Spain in 1990<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> as an American business research company that provided information on companies and industries through their primary product platform named "Hoover's". In 2003, it was acquired by Dun & Bradstreet<ref>Template:Cite news</ref> and operated for a time as a wholly owned subsidiary. In 2017, the Hoover's product was re-branded D&B Hoovers.<ref name=":0">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Dun & Bradstreet is headquartered in Jacksonville, Florida, US.
HistoryEdit
Hoovers was started in 1990 by Gary Hoover, Patrick J. Spain, Alan Chai, and Alta Campbell. Leading up to this, Hoover had founded the Bookstop book store chain, ultimately purchased by Barnes & Noble.Template:Citation needed Hoover's initially was called The Reference Press, as it published reference books about companies.<ref name=":0" /><ref name="ReferenceA" />
The company grew rapidly under a business team led by Spain. This team 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.
Hoovers made an initial public offering on the NASDAQ exchange in 1999.<ref>Template:Cite news</ref><ref>Hoover's SEC filing 424B4, 21 July 1999</ref> The company then became a subsidiary of Dun & Bradstreet,<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> which bought Hoover's for $119 million in 2003. After the acquisition of Avention by Dun & Bradstreet in 2017, the D&B Hoovers solutionTemplate:Buzzword inline was launched, and replaced the existing Hoovers' product.<ref name=":0" />
OperationsEdit
Dun & Bradstreet maintains a database of more than 330 million companies with 30,000 global data sources updated 5 million times per day.<ref name=":1" />Template:Primary source inline It combines Dun & Bradstreet's data with Avention's sales acceleration platform.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Subscriptions are sold primarily to sales, marketing, and business development professionals seeking contact information for prospective customers.<ref name="ReferenceA">See, e.g., Hoover's SEC filing 10-K, 31 March 2002</ref> The database is used for lead generation, outreach, prepping for sales calls, researching companies, being alerted to changes in leadership, and acquiring new customers.<ref name=":1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>Template:Primary source inline
Besides publishing information through the D&B Hoovers product, information is also distributed via data feeds and third-party licensing agreements.<ref name="ReferenceA" />
D&B Hoovers claims to offer proprietary business information through an online platform and integrated workflow solutions, Template:Buzzword inline houses data on more than 120 million business records across 1,000 industries.<ref name=":1" />Template:Primary source inline