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LYRASIS and DuraSpace Pursue Merger

Smart Libraries Newsletter [March 2016]

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Copyright (c) 2016 ALA TechSource

Abstract: In a move that would result in the consolidation of two major nonprofits providing services to libraries, LYRASIS and DuraSpace are considering a merger of their two organizations. The merger has been approved by the boards of directors of both organizations and has entered a period of public review. Both organizations will continue to operate independently until final approval for the merger takes place.

Both LYRASIS and DuraSpace operate as nonprofit organizations. LYRASIS ranks as the larger, with around 65 employees and annual income of about $75 million. DuraSpace employs about 10 personnel with less than $2 million in income. This proposed merger will expand LYRASIS' portfolio of services oriented to open source technology and will provide the projects shepherded by DuraSpace with a stable and sustainable organizational home. Both LYRASIS and DuraSpace were formed through the mergers of antecedent organizations. LYRASIS brings together a number of organizations that were previously involved as regional networks for OCLC billing and other services. DuraSpace was created to combine Fedora Commons with DSpace Foundation.


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Publication Year:2016
Type of Material:Article
Language English
Published in: Smart Libraries Newsletter
Publication Info:Volume 36 Number 03
Issue:March 2016
Page(s):2-7
Publisher:ALA TechSource
Place of Publication:Chicago, IL
Show FT:N
ISSN:1541-8820
Record Number:21780
Last Update:2017-02-16 09:24:30
Date Created:2016-08-03 08:08:26