Library Technology Guides

Document Repository

Sagebrush, Winnebago merger creates powerhouse in market for K-12 information solutions: Combined firm will continue to lead industry in customer support and innovation

Press Release: Sagebrush Technologies [January 11, 2000]

Copyright (c) 2000 Sagebrush Technologies

Abstract: Sagebrush Corporation and Winnebago Software Company, two leaders in K-12 information solutions, announced that they have completed a merger of their privately held firms. Effective January 14, the combined company will operate as Sagebrush Corporation, with headquarters in Burnsville, Minn. With about 600 employees and annual revenues exceeding $75 million, Sagebrush Corporation will be the largest, fastest-growing firm dedicated to the market for K-12 information solutions.


BURNSVILLE, MN and CALEDONIA, MN, January 11, 2000 Sagebrush Corporation and Winnebago Software Company, two leaders in K-12 information solutions, today announced that they have completed a merger of their privately held firms.

Effective January 14, the combined company will operate as Sagebrush Corporation, with headquarters in Burnsville, Minn. With about 600 employees and annual revenues exceeding $75 million, Sagebrush Corporation will be the largest, fastest-growing firm dedicated to the market for K-12 information solutions -- category that includes library automation systems, quality-bound books, cataloging services, Internet solutions, and other educational resources.

"This merger unites two successful companies that emphasize strong customer support, innovation using proven technologies, and highly talented people--our employees and sales reps," said Jay Stead, president and CEO of the combined firm. "By pooling Sagebrush and Winnebago talent, we will accelerate the pace of innovation in our industry, including new ideas for exploiting the Internet. Stepped-up innovation will allow our customers to deliver educational services more broadly, effectively, and conveniently than ever before."

Stead stressed that customers and others can expect continuity following the merger: * In the library automation market, Sagebrush Corporation will continue to offer all of the products that were sold separately by Winnebago and Sagebrush, and each group of sales reps will continue selling the products it has been selling. The popular Winnebago Spectrum product and Sagebrush's rapidly growing Athena product will continue to be sold, and prior-generation Winnebago and Sagebrush products will continue to be fully supported. Each of these products offers distinct features and user interfaces.

* Customers can also expect the same high level of service, as well as industry-leading product innovation, in the company's other businesses: Sagebrush Learning Resources, which provides K-12 schools and libraries with quality-bound books, reading program software, and other educational materials through Econo-Clad Books and American Library Publishers; and Sagebrush Library Services, which serves publishers and distributors with quality MARC records, processing, and a comprehensive list of cataloging solutions.

* The Sagebrush and Winnebago workforces are being kept virtually intact -- the opportunity to combine the talents of both employee groups was one of the main driving forces for the merger. A small number of jobs in each company have been eliminated due to restructuring. These individuals have been notified.

* The company plans to keep all current Sagebrush and Winnebago locations. Sagebrush locations are in Burnsville, Minnesota; Austin, Texas; Topeka, Kansas; and Edmonton, Alberta, Canada. Winnebago locations are in Caledonia, Minnesota and Onalaska (LaCrosse), Wisconsin.

* All contracts with partners and suppliers will continue to be honored. Winnebago Software founder and CEO Jeb Griffith said he will leave the company following the merger to pursue other professional and personal interests. "I'm confident Winnebago has a strong, secure future," he said. "From the time Jay approached me about a merger through the due diligence period, I became convinced that combining our companies would be good for both. After 20 years with Winnebago, I leave with some feelings of sadness, but mainly with pride in what we've achieved together and excitement about the combined company's future."

Stead added, "Jeb Griffith built a sterling reputation for Winnebago Software. It's gratifying that he feels comfortable entrusting that legacy to me and our combined management team drawn from Winnebago and Sagebrush."

Winnebago Software Company, the pioneer in the development of library automation software, serves more than 26,000 library professionals in more than 70 countries worldwide with library management and Internet products and programs for Windows, Mac OS, and MS-DOS, including the Winnebago Spectrum system. Through its representatives and employees, Winnebago has become the second-largest player in the market for library automation software. www.winnebago.com

Burnsville, Minnesota-based Sagebrush Corporation is a fast-growing provider of integrated information management solutions for the education world. The company offers library automation systems, information solutions, and learning resources with a focus on the K-12 market. Through its employees and representatives, Sagebrush Corporation markets and distributes its products throughout North America and the world. www.sagebrush-corp.com

Permalink:
View Citation
Publication Year:2000
Type of Material:Press Release
Language English
Issue:January 11, 2000
Publisher:Sagebrush Technologies
Place of Publication:Austin, TX
Company: Sagebrush Technologies
Nichols Advanced Technologies Inc.
Winnebago Software Company
Subject: Mergers and acquisitions
Record Number:6282
Last Update:2012-12-29 14:06:47
Date Created:0000-00-00 00:00:00