|Weekly News Digest
December 10, 2019 — 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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Perspectives on Ex Libris' Acquisition of Innovative
Ex Libris, a ProQuest company, signed an agreement to acquire Innovative. Innovative will become a business unit within Ex Libris, with its products continuing to be supported. Bar Veinstein, Ex Libris’ president, writes in a blog post, “We have been hearing from many of you how important it is for your institution to collaborate more closely with your community and the public for the common good. Innovative’s investment in the public library sector will enable us to proactively drive new forms of partnerships and collaboration, helping you expand your contribution to your community.”
One industry reaction so far came from Roger Schonfeld, director of Ithaka S+R’s Libraries, Scholarly Communication, and Museums program. He writes in a blog post, “The deal, which is expected to close in early 2020, further cements Ex Libris as the leader in the library systems marketplace and can be expected to put added pressure on OCLC. It will also raise concerns about Ex Libris’s dominant market position.”
For more information, read the press release, Veinstein’s blog post, and Schonfeld’s blog post.
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