[Wactclc-alma] FW: Ex Libris Signs Agreement to Acquire Innovative

[Charly Eaton]

Very interesting. Here's a graphic on library software ownership I just
happened to be looking at the other day. I believe George shared this with
me from a couple Elunas ago.

On Thu, Dec 5, 2019 at 2:54 PM Guidry, Wade <WadeG at bigbend.edu> wrote:

> Big vendor news… ExLibris is acquiring Innovative Interfaces, the vendor
> behind Millennium, Sierra, and more recently (through its own acquisition
> activity) Polaris.
>
>
>
> (Funny, I asked Nate from ExL at the workshop on Tuesday whether he had
> any significant vendor news to share. He may have known about this, but I’m
> sure would have been under strict instructions not to pre-announce to
> anyone J)
>
>
>
> The big for-profit LSP vendors left standing are, I believe:
>
>
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> ProQuest (several different platforms at this point)
>
> OCLC (WMS)
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> SirsiDynix (Horizon, Symphony)
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> EBSCO (with its promotion of FOLIO)
>
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>
> As libraries, we probably need to come up with our own version of the
> FAANG (Facebook, Apple, Amazon, Netflix, Google) acronym, to reflect the
> consolidation.
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>
>
> POSE?
>
>
>
> ProQuest, OCLC and EBSCO all offer value-added metadata-at-scale within
> their respective products and services. SirsiDynix, which I don’t believe
> does, could be another potential acquisitions target.
>
>
>
> A lot of the public library systems in this state use Polaris, so we’ll
> now be sharing a vendor, if not a platform, with those organizations. I
> just emailed a close friend of mine at the Kitsap system to tease him that
> I’d see him at the next vendor conference… )
>
>
>
> There won’t be any real impact for us or other Alma / Primo customers in
> this. But the Polaris customers are probably getting unsettled. In general,
> a lot of libraries were very happy with Polaris and its company of origin.
> Polaris won some significant public library business from Millennium in the
> NW. Then, Polaris got bought out by III, and now III by ExLibris.
>
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> Wade Guidry
>
> WACTCLC
>
> Library Consortium Services Manager
>
> wadeg at bigbend.edu
>
> http://www.wactclc.org
>
> 509.760.4474
>
>
>
>
>
> *From:* Alma [mailto:alma-bounces at exlibrisusers.org] *On Behalf Of *Barbara
> Rad-El via Alma
> *Sent:* Thursday, December 5, 2019 1:10 PM
> *To:* Alma at exlibrisusers.org
> *Cc:* Barbara Rad-El <barbara.radel at exlibrisgroup.com>
> *Subject:* [ALMA-L] Ex Libris Signs Agreement to Acquire Innovative
>
>
>
> ATTENTION: This email contains links. Please follow best practices before
> clicking on links
>
>
>
> [image: banner]
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> Dear All, I am happy to announce that Ex Libris has signed an agreement
> to acquire Innovative. Founded in 1978, Innovative is a highly respected
> company with over 40 years of experience in serving public and academic
> libraries. The company’s complementary software portfolio includes
> integrated library systems and solutions in the areas of resource sharing,
> library discovery, digital asset management, and metadata management. As
> part of the acquisition, Innovative will become a business unit within Ex
> Libris, reporting to me. Innovative’s products, which customers have been
> using and relying on for many years, will continue to be supported and
> enhanced. This exciting acquisition aligns with emerging trends in our
> industry, whereby libraries of all types are looking for new ways in which
> they can increase their value to their immediate and extended environments.
> 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. With
> the addition of Innovative, we will expand our global teams, including
> Customer Support, Implementation, and Training Services. Our combined
> expertise will help us accelerate existing initiatives related to library
> management, discovery, teaching and learning, and research solutions, as
> well as introduce new ones. For example, together we will be better
> positioned to serve consortia that have a mix of academic, research,
> special, and public libraries and advance our recently announced resource
> sharing initiative. At the same time, our strategic mission of supporting
> academic institutions remains in force, and we will continue to execute our
> product roadmap as planned. We will keep on investing in library services
> and connecting libraries to teaching, learning, and research through our
> broad range of higher-ed cloud solutions. Working together with the Ex
> Libris community has always been a key part of our culture. We value our
> close partnership with you and look forward to receiving your input and
> guidance as we move along this exciting path. The acquisition is expected
> to close in early 2020. For more information about this announcement,
> please see the Frequently Asked Questions document
> <http://www.exlibrisgroup.com/wp-content/uploads/FAQ-Ex-Libris-Acquires-Innovative.pdf>
> . As a reminder, until the acquisition closes, the companies remain
> separate and will conduct business as usual. I would like to thank each
> and every one of you for your ongoing partnership with us, and I wish you
> and your families a happy holiday season. Sincerely, Bar Veinstein
> President, Ex Libris Group
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> [image: cid:image002.png at 01D5A9E6.F6BAFF00]
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-- 
*C**harly Eaton*
*Circulation Services Manager*
*Learning Resources/Library*
*425.640.1447*
*Work Schedule: Monday - Friday 7:00 - 4:00*
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