Breeding, Marshall, OCLC PICA acquires Fretwell-Downing Informatics Group
Continuing its expansion into the library software arena, OCLC recently announced its intent to acquire U.K.-based Fretwell-Downing Informatics (FDI) Group. A transaction to be processed through OCLC’s major European division, OCLC PICA, this move to add FDI comes after OCLC PICA’s takeover of Sisis Informationssysteme, a German-based ILS company. This event also takes place within the larger context of a robust consolidation phase within the library automation industry (as evidenced by this year’s SirsiDynix merger).
Fretwell-Downing Informatics will continue to operate under its established name, though as a wholly owned for-profit subsidiary of OCLC PICA. Existing management and staff will remain in place. As part of OCLC, FDI gains access to a significant development and support infrastructure. FDI’s customers in Benelux (Belgium, the Netherlands, and Luxemburg) will especially benefit from closer proximity to OCLC PICA facilities