Ex Libris will soon change ownership from one private equity firm to another. The company is to be acquired by Golden Gate Capital (http://goldengatecap.com/), a major private equity firm managing funds representing over $12 billion in capital. Golden Gate Capital invests in the software and information technology sector in addition to many other industries.
According to Matti Shem Tov, Chief Executive Officer of Ex Libris, this transition should not be considered a major event for library customers and employees. The new owners will retain the current management, workforce, and operating locations. Yet, with new ownership comes a new Board of Directors that will oversee the company and set its high-level business plan.
Ex Libris Group’s strategic products focus on the academic and research library arena and include Aleph and Voyager integrated library systems, the Primo discovery product and its Central Index, the Rosetta digital preservation platform, the SFX link resolver, the Verde electronic resource management system, the MetaLib federated search, as well as Alma, the company’s newest offering, a library services platform based on the concepts of unified resource management and cloud computing. Read More »