Library Technology Guides

Current News Service and Archive

November 19, 2021

Findaway. Spotify to acquire leading audiobook platform Findaway. In 2019, Spotify announced its ambition to become the world's leading audio platform with an expansion into podcasting through the acquisitions of Anchor and Gimlet. Since then, Spotify has not only become a leading platform for podcast creators and listeners, but also expanded on the very format of podcasting itself: taking a fixed format and making it a new audio experience. And today we are taking another step in furthering this mission to build the future of audio by announcing that Spotify has entered into a definitive agreement to acquire Findaway, a global leader in digital audiobook distribution. [Full Announcement].

November 4, 2021

Baker and Taylor Private Investor Group, led by President and CEO, to acquire business. Follett Corporation announced a change in ownership of its Baker & Taylor division. Baker & Taylor, the world's premier distributor of physical and digital books and services to public and academic libraries will now operate as an independent, privately-owned entity after a divestiture to a private investment group led by President and CEO Aman Kochar. [Full Announcement].

October 7, 2021

Overdrive OverDrive Education Strengthens Curriculum Focus with Acquisition of OverDrive, the leading digital reading platform for libraries and schools, announced today that it has acquired TeachingBooks creates and maintains the leading source of supplemental materials that perpetuates informed, joyful reading across the curriculum while furthering successful literacy outcomes. The acquisition of TeachingBooks significantly enhances OverDrive Education's Sora reading app and platform to serve K-12 schools around the world. TeachingBooks provides K-12 schools with more than 265,000 curated materials from trusted educational sources, as well as their own proprietary content, to enrich how a book is taught in the classroom. [Full Announcement].

October 4, 2021

Wiley Wiley acquires J&J Editorial to Advance Publishing Service Offerings. Global research and education leader Wiley today announced the acquisition of J&J Editorial Services, LLC, a publishing services company based in the United States. The acquisition of J&J Editorial reinforces the company's commitment to helping learned societies, professional associations and publishers achieve their missions. [Full Announcement].

September 14, 2021

Blackboard Anthology and Blackboard to Merge, Creating a Leading Global Provider of Education Software and Solutions. Anthology, a leading provider of proven higher education solutions that support the entire learner lifecycle, and Blackboard, a leading global EdTech software and solutions company, announced a definitive agreement to combine the two companies. The combination will create the most comprehensive and modern EdTech ecosystem available on a global scale. The merger is designed to accelerate transformation at education institutions to enhance the learner experience and drive student and institution success. [Full Announcement].

September 13, 2021

Intuit. Intuit to acquire Mailchimp. Intuit, the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, today announced that it has agreed to acquire Mailchimp, a world-class, global customer engagement and marketing platform for growing small and mid-market businesses. The planned acquisition of Mailchimp for approximately $12 billion in cash and stock advances Intuit's mission of powering prosperity around the world, and its strategy to become an AI-driven expert platform. With the acquisition of Mailchimp, Intuit will accelerate two of its previously-shared strategic Big Bets: to become the center of small business growth; and to disrupt the small business mid-market. [Full Announcement].

September 1, 2021

LIBERO Knosys completes acquisition of LIBERO. Knosys Limited announced the completion of the acquisition of LIBERO, a leading library management software provider. [Full Announcement].

Follett Francisco Partners acquires Follett School Solutions. Follett Corporation announced the sale of Follett School Solutions, the company's K-12 software and content division, to Francisco Partners, a leading technology-focused global investment firm. Follett School Solutions, based in McHenry, Ill., is a longtime trusted educational partner to K-12 schools and districts that provides software and content products, including Follett Destiny, FSS' market-leading library management system with installations in more than 75,000 K-12 schools worldwide. FSS will join Francisco Partners' growing portfolio of K-12 education-focused businesses and technologies, including Renaissance Learning, Discovery Education, Freckle, myON and Mystery Science. [Full Announcement].

August 31, 2021

Udemy Udemy acquires CorpU to expand immersive leadership development capabilities. Udemy, a leading destination for learning and teaching online, announced it has acquired CorpU, an online leadership development platform that delivers cohort-based immersive learning experiences and access to world-class experts. The acquisition deepens Udemy's learning offerings with CorpU's immersive experiences to deliver transformational learning that fosters innovation, leadership, and business agility. [Full Announcement].

August 26, 2021

Axel Springer Axel Springer to acquire POLITICO. The publishing group Axel Springer signed an agreement to acquire POLITICO, including the remaining 50 percent share of its current joint venture POLITICO Europe, as well as the tech news website Protocol from Robert Allbritton. POLITICO will complement and strengthen Axel Springer's portfolio with an authoritative voice offering inside perspective and analysis of politics and policy in Washington D.C., across the U.S., and around the globe. Together with INSIDER and Morning Brew, which are already part of the company's portfolio, Axel Springer's U.S.-headquartered news brands will have a significant reach. [Full Announcement].

August 17, 2021

Hachette. Hachette Book Group to acquire Workman Publishing. Hachette Book Group and Workman Publishing announced that they have entered into a binding commitment for Hachette to acquire Workman, one of the largest and most respected independently owned book publishers in the US. The transaction is expected to close after regulatory approval is received. [Full Announcement].

August 12, 2021

LIBERO LIBERO joins forces with industry-leading technology provider Knosys. Insight Informatics announced the entry of its LIBERO system into the Australian Stock Exchange through the acquisition of the LIBERO business by the newly formed company LIBERO Systems Pty. Ltd., a wholly owned subsidiary of Knosys Limited. Knosys is a leading software as a service (SaaS) provider based in Melbourne, with specialist expertise in helping businesses manage information and knowledge. [Full Announcement].

Knosys Knosys to acquire LIBERO, a leading Library Management Software business. Knosys Limited, a global software-as-a-service SaaS information technology company announced that it and a special purpose subsidiary have executed a conditional asset and share-sale agreement to acquire the LIBERO business from Libero Software Pty Ltd and Insight Informatics Pty Ltd. LIBERO is a leading Library Management Software business with 116 clients located across 8 countries. As an LMS business, LIBERO delivers a new digital experience in managing asset collections, employees and interactions with their members. It allows multiple sites to share collections of items, allows employees and customers to better search for items, analyses usage patterns and automates processes to streamline engagement with digital users. [Full Announcement].

August 9, 2021

Clarivate Clarivate announces private exchange offers for Two Series of Notes open to certain investors. Clarivate announced that Clarivate Science Holdings Corporation, its indirect wholly owned subsidiary, has commenced a transaction to exchange two series of its outstanding notes as detailed below. In relation to Clarivate's previously announced acquisition of ProQuest, on July 28, 2021, Clarivate received a second request for documents and other information from the Federal Trade Commission, which is reviewing the Acquisition pursuant to authority under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. In view of the FTC's second request, on July 28, 2021, Clarivate and the equityholders of ProQuest entered into an amendment to their Transaction Agreement dated May 15, 2021, extending the outside date for completion of the Acquisition from November 8, 2021 to December 31, 2021, subject to further extension. Although the Company hopes to be in a position to complete the proposed Acquisition in the second half of 2021, the Company and the Seller Group each have the option to extend the new outside date to April 29, 2022. [Full Announcement].

August 5, 2021

Clarivate Clarivate acquires Bioinfogate, reinforcing position as premier provider of end-to-end research intelligence Solutions for Life Sciences. Clarivate announced that it has acquired Bioinfogate, a leading provider of analytics solutions in the life sciences and producer of the OFF-X portal. Financial terms of the transaction were not disclosed. [Full Announcement].

July 28, 2021

EnvisionWare Volaris Group acquires EnvisionWare. Volaris Group, announced that it has acquired EnvisionWare, a provider of technology solutions for public libraries. EnvisionWare is based in Atlanta, Georgia U.S. [Full Announcement].

July 22, 2021

Epic. BYJU’S accelerates its plans to build the world’s largest learning brand with $500M acquisition of Leading U.S.-based kids digital reading platform Epic. Backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake, Tiger Global and other notable investors, BYJU'S, the global leader in personalized online learning with 100 million students on its platform, today announced a $500M acquisition of Epic, the world's leading digital reading platform for kids 12 and under. [Full Announcement].

July 15, 2021

Overdrive OverDrive completes acquisition of Kanopy. OverDrive, the leading digital reading platform for libraries and schools, announced that it has completed the acquisition of Kanopy, a leading video streaming service for public and academic libraries. [Full Announcement].

EveryLibrary The EveryLibrary Institute acquires is now a Social Enterprise venture of the EveryLibrary Institute, NFP, a non-partisan library-focused 501(c)(3) organization dedicated to the future of libraries and literacy across the globe. [Full Announcement].

July 7, 2021

Digital Science Leading patent data platform IFI CLAIMS joins Digital Science. Digital Science, a technology company serving stakeholders across the research ecosystem, announced that it has fully acquired IFI CLAIMS, a leading international platform for patent and innovation data. Digital Science originally invested in IFI CLAIMS in 2017 as part of its aim to diversify the search and analytics landscape by bringing together awarded grants data, publication and citation data with patent data to allow better contextualisation of research - from funding through publication to translation and impact. IFI CLAIMS provides 137 million patents to Dimensions and is the data source behind the patent facet in the Altmetric donut. This next phase of Digital Science's relationship with IFI CLAIMS is a natural step that allows more coherent integration of IFI CLAIMS technology and team into Digital Science's ecosystem. [Full Announcement].