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Axiell acquires Musoft and solidifies position as leading vendor globally for museums, archives and libraries

Press Release: Axiell [August 3, 2020]

Abstract: Axiell, the leading supplier of software to the cultural sector, announced the acquisition of Musoft, the leading vendor for collections management, heritage catalogue, virtual reality and public facing solutions in the Czech and Slovak Republics. The acquisition advances the technology landscape for museums, libraries and cultural organisations in Eastern and Central Europe and brings customers such as Czech National Museum, Slovak National Museum, Czech National Heritage Institute, Office of the Government of the Czech Republic into the Axiell Group. Musoft's industry experience, local infrastructure, leading technologies and well-established customer relationships expand Axiell's position in Europe. In the near future, the region and Musofts existing customers will get access to the cloud-based solutions Axiell Quria for libraries and WeLib for education, as well as Axiell's solutions for collections management.


Lund, Sweden and Prague, Czech Republic August 3, 2020 Axiell, the leading supplier of software to the cultural sector, today announces the acquisition of Musoft, the leading vendor for collections management, heritage catalogue, virtual reality and public facing solutions in the Czech and Slovak Republics. The acquisition advances the technology landscape for museums, libraries and cultural organisations in Eastern and Central Europe and brings customers such as Czech National Museum, Slovak National Museum, Czech National Heritage Institute, Office of the Government of the Czech Republic into the Axiell Group. Musoft's industry experience, local infrastructure, leading technologies and well-established customer relationships expand Axiell's position in Europe. In the near future, the region and Musofts existing customers will get access to the cloud-based solutions Axiell Quria for libraries and WeLib for education, as well as Axiell's solutions for collections management.

The Axiell and Musoft collaboration establishes an innovation-based partner for museums, archives and libraries in a part of Europe where investment into culture is growing. Axiell's global position and large customer community can connect customers across borders, for the benefit of sharing expertise and, in the future, content and data. Axiell has expanded its operations continuously and this is the twenty-first company which joins the Axiell Group family. The Group has customers in 55 countries, and more than 10,300 institutions trust and partner with Axiell to manage and provide access to cultural heritage, reading and learning.

"The sector for collections management and preserving culture is consolidating globally. The consolidation is driven by the fact that few organisations can make the significant investments needed to serve this market in an innovative and sustainable way. We are proud to be able to continue expanding Axiell into new regions. Through the acquisition, we continue on the path of bringing successful regional vendors into the Group. We are glad to be joined by an experienced organisation and we look forward to having additional skills join Axiell." says Joel Sommerfeldt, President & CEO of Axiell Group.

To remain engaging and relevant to modern audiences and to preserve national treasures, museums and other cultural institutions must digitise their collections, make them more accessible and interactive for the public, researchers and any audiences that are priorities for the institution. Investments in technology must meet future needs of connecting and sharing data rapidly, as well as enabling institutions to manage new ways of working, following COVID-19. Axiell has invested heavily in modern cloud-based technology and the solutions will be available to the new customers when suitable to them.

"Museums, galleries and archives are vital components in a democratic and open society. The sector is going through digitisation at a rapid pace and when we join Axiell, we will be even better positioned to be the leading partner to nation-wide initiatives for preserving cultural heritage. All through our discussions, we have established a mutual view on how important sustainability and long-term customer relations are to this industry. I am glad to be able to continue serving our customers as Axiell and ensuring that these institutions can meet new demands in society." says Pavel Mlčoch, CEO of Musoft.

No further information about the transaction is disclosed.

About Axiell

Axiell's solutions help institutions share culture and knowledge with the world. Our software and services assist them to manage their collections, encourage reading, preserve cultural heritage, improve learning and increase engagement with the public. Our customers are libraries, museums, archives, schools, publishers and retailers in 55 countries. We develop innovative digital tools to transform the way they work and connect with their audiences. We do this from 26 offices globally, with headquarters in Sweden. To find out more about us and our products, please visit http://www.axiell.com.

About Musoft

Musoft's solutions help institutions with all their collections and monuments management needs. We provide innovative ways for these institutions to reach the public through platforms like virtual reality. Our software and services assist our partners in connecting people to culture. Our tools are sophisticated and built to enhance the details. Musoft's customers are museums, galleries, heritage institutes, and public and private institutions in two countries. To learn more about us and our products, please visit http://www.musoft.cz

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Publication Year:2020
Type of Material:Press Release
Language English
Issue:August 3, 2020
Publisher:Axiell
Company: Axiell
Products: Musoft
Subject: Mergers and acquisitions
Record Number:25391
Last Update:2020-08-03 08:56:01
Date Created:2020-08-03 08:55:36