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Weekly News Digest

January 13, 2015 — 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.

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SirsiDynix Changes Hands

Investment firm ICV Partners acquired SirsiDynix from Vista Equity Partners with plans to provide full support for SirsiDynix’s initiatives, ensuring that its focus on library automation solutions will not change. Its management team will also remain the same, and Vista Equity Partners will keep a minority equity position in the company. However, the acquisition will allow a revision of the board of directors and the opportunity to increase employee participation in ownership of SirsiDynix.

“We’ll be looking for industry veterans to join our board and help the company further its mission to create the best user experience for our customers and their communities,” says Bill Davison, SirsiDynix’s CEO. “We feel confident that these changes will create additional value for customers, opportunity for employees, and reinforce SirsiDynix’s leadership in the industry.”

Source: SirsiDynix



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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