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PTFS to Acquire LibLime

Press Release: PTFS [January 13, 2010]

Copyright (c) 2010 PTFS

Abstract: Progressive Technology Federal Systems, Inc. (PTFS), an industry-leading library solutions provider and developer of the ArchivalWare digital library and content management software, has announced it will acquire LibLime, the global leader in open-source software solutions for libraries. The transaction is expected to close before the end of January 2010.


Bethesda, MD--January 13, 2010--Progressive Technology Federal Systems, Inc. (PTFS), an industry-leading library solutions provider and developer of the ArchivalWare digital library and content management software, has announced it will acquire LibLime, the global leader in open-source software solutions for libraries. The transaction is expected to close before the end of January 2010.

"PTFS has supported ILS solutions for 15 years and is committed to resolving community differences and advancing Koha open source library technology. At a time when many libraries are experiencing budget cuts, PTFS's LibLime division plans to significantly enhance this highly cost effective library automation alternative," commented John Yokley, PTFS CEO.

This acquisition expands PTFS's existing U.S. and European open-source library solutions business. LibLime will accelerate PTFS's Digital Library System (DLS) initiative, an integration between the Koha ILS and ArchivalWare. The DLS solution will provide libraries and information centers with a single toolset to manage all of their collections - print and digital.

PTFS will integrate its library solutions team with the LibLime team, including LibLime's founding CEO, Joshua Ferraro, who will continue to lead LibLime's current development projects to conclusion. PTFS's LibLime division will bolster enterprise-class support resources for a combined customer base of over 800 special, public, and academic libraries.

In 2005, LibLime became the first U. S. company to commercially support Koha, an open source Integrated Library System. LibLime has scaled up rapidly in response to growing demand for collaboratively-developed library solutions, and currently supports over 500 libraries with its customer-focused, highly-regarded SaaS, support and development services.

"We are impressed with PTFS's experience in the ILS space, as well as their outstanding record for customer service focus in all their business divisions. This acquisition will bring that experience and customer focus to bear for LibLime's existing customers," said LibLime's founding CEO, Joshua Ferraro.

The acquisition establishes PTFS as the world's largest company providing open-source ILS solutions for libraries. PTFS will hold a press conference at the LibLime ALA booth (2538) at 11:30 AM on Saturday January 16th.

About PTFS, Inc.

Founded in 1995, PTFS is a library centric company and is the developer of the ArchivalWare content management software. PTFS has provided commercial ILS systems integration, implementation, and support since its inception. In 2008, PTFS entered the open source library marketplace in 2008, developing, implementing, and supporting Koha ILS solutions. Providing digital library and content management solutions for over a decade, PTFS is experienced in executing complete turn-key solutions as well as on-site library staffing and consulting services. For more information, see www.ptfs.com.

About LibLime

LibLime is the world's leading provider of open-source library solutions. Rather than sell software licenses for static, hard-to-customize software products, LibLime educates libraries about the benefits of open source, enabling them to make choices about how best to provide their communities and staff with better technology services. LibLime then facilitates implementation of open source in libraries by providing outstanding development, customization, support and training solutions--solutions tailored to each library's needs. For more information, see www.liblime.com.

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Publication Year:2010
Type of Material:Press Release
Language English
Issue:January 13, 2010
Publisher:PTFS
Company: LibLime
PTFS
Products: Koha
Subject: Mergers and acquisitions
Record Number:14463
Last Update:2012-12-29 14:06:47
Date Created:2010-01-13 16:10:36