KMWorld CRM Media Streaming Media Faulkner Speech Technology Unisphere/DBTA
Other ITI Websites
American Library Directory Boardwalk Empire Database Trends and Applications DestinationCRM EContentMag Faulkner Information Services Fulltext Sources Online InfoToday Europe Internet@Schools Intranets Today KMWorld Library Resource Literary Market Place OnlineVideo.net Plexus Publishing Smart Customer Service Speech Technology Streaming Media Streaming Media Europe Streaming Media Producer Unisphere Research



News & Events > NewsBreaks
 



Back Index Forward
Twitter RSS Feed
Weekly News Digest

August 7, 2006 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Private Equity Fund to Acquire Ex Libris

Library automation vendor Ex Libris Group (http://www.exlibrisgroup.com) announced that it has agreed to be acquired by Francisco Partners (http://www.franciscopartners.com), a technology-focused private equity fund. The acquisition will enable Ex Libris to continue expanding its geographical reach and explore acquisition opportunities for complementary products in the library automation and e-resource markets. The transaction, which is subject to regulatory and third-party approvals, is expected to close by September 2006.

Ex Libris has a large global presence in the library market, serving a diverse installed base of 2,500 customers in 62 countries. Ex Libris solutions include the ALEPH 500 integrated library solution; MetaLib, the information portal for library collections; the SFX context-sensitive linking solution for heterogeneous electronic resources in the scholarly information environment; DigiTool, a solution for the construction of digital collections; and Verde, the electronic resource management (ERM) system. The Primo next-generation, user-centric discovery and delivery solution was launched in June 2006.

Francisco Partners has approximately $5 billion of capital under management. The firm was founded "to pursue structured investments in technology companies at strategic, technological, and operational inflection points."

Source: Ex Libris Group



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli
Comments Add A Comment

              Back to top