This dashboard brings together data, trends, news, and other resources from Library Technology Guides describing the organization,
its executive leadership, personnel employed, business history, as well as related features and news articles.
ICV Partners holds majority ownership of SirsiDynix, with Spotlight Equity Partners as a minority shareholder.
Mergers and Acquisitions
[Data source: statistics supplied for the annual Library Systems Report]
Documents or articles featuring SirsiDynix
Breeding, Marshall. ICV Partners acquires SirsiDynix.
February 2015. Smart Libraries Newsletter.
A new era in the corporate history of SirsiDynix, one of the corporate giants of the library technology industry, has begun. After over eight years of ownership, Vista Equity Partners has sold SirsiDynix to ICV Partners, with Vista retaining and company executives acquiring minority stakes in the company. While it is too early to assess how new investment owners will shape the direction of the company going forward, it is clear that SirsiDynix remains a major force in the industry with a very large number of libraries relying on its success.
SirsiDynix, along with other Ex Libris, Innovative Interfaces, and Follett Corporation, ranks as a giant in the industry, which also includes dozens, if not hundreds, of mid-sized and small companies. Each of these four companies has earnings in the range of $100 million, develops strategic technology products for libraries, though each follows quite different business strategies and has distinct profiles of customers according to type and geographic region. Globally diverse, SirsiDynix supports customers in over 70 countries.
SirsiDynix has a long and interesting history that spans many different companies, products, and personalities. This issue of SLN, examines SirsiDynix, working through the phases of its corporate history, its product strategies, and the potential impact of this business transition.
Breeding, Marshall. SirsiDynix Acquires EOS International.
December 2013. Smart Libraries Newsletter.
SirsiDynix has acquired EOS International from its cofounder and Chief Executive Officer Scot Cheatham effective November 1, 2013. The transaction was conducted entirely from financial resources within SirsiDynix without additional backing from its private equity owner, Vista Equity Partners. The acquisition of EOS International will expand the presence of SirsiDynix in the small library arena, and will strengthen its overall position in terms of revenue, customers served, and product offer ings. SirsiDynix provides a stable and expansive business environment for the ongoing support, development and marketing of EOS International products.
Breeding, Marshall. SirsiDynix Development Strategies.
June 2012. Smart Libraries Newsletter.
In recent years, SirsiDynix has been executing a development agenda that provides libraries with tools and interfaces to improve access to their collections and services. The company continues to make improvements in the functionality of its strategic integrated library systems, Symphony and Horizon, concentrating especially on the development of patron-facing tools. These interface products address the different methods with which patrons might want to access the library: BookMyne and BookMyne+ for iOS and Android based mobile devices, Enterprise and Portfolio for the Web, and the Social Library for Facebook. SirsiDynix has also launched eResource Central for access and management of e-books, complementing the capabilities of its Symphony and Horizon ILS products in managing a library's print collection.
Breeding, Marshall. SirsiDynix Launches a Native Facebook app, Develops eResource Central.
March 2012. Smart Libraries Newsletter.
SirsiDynix launched two new products at the ALA Midwinter conference: the SirsiDynix Social Library and eResource Central. These products continue the company's efforts to create forward-looking products and technologies surrounding its ILS products.
Breeding, Marshall. SirsiDynix Evolution: Recent Developments in the Context of Broad Corporate Strategies.
July 2010. Smart Libraries Newsletter.
SirsiDynix has taken a number of actions that consolidate and focus its corporate resources. On May 12, 2010, SirsiDynix launched a new Web site and announced a number of major changes related to its operating facilities and its organizational approach to customer service. These moves represent incremental steps toward a number of longstanding business goals. The company positions its moves as offering significant benefits to the libraries that use its products through improved communications channels and more sensitivity to the individual needs of each customer. As a company that serves something over 20,000 library facilities spanning over 70 countries worldwide, these adjustments will have a broad impact.
Breeding, Marshall. Developments at SirsiDynix.
February 2010. Smart Libraries Newsletter.
SirsiDynix, one of the largest library automation companies, made a number of recent announcements relating to both its products and personnel. December 2009 saw the release of new versions of its major products and the departure of a key executive.
Breeding, Marshall. Two major lawsuits jolt library automation industry.
December 2009. Smart Libraries Newsletter.
In recent months, two major lawsuits have been filed in the the library automationindustry. Queens Borough Public Library filed a complaint on July 2, 2009 against SirsiDynix for breach of contract and 3M has filed suit against EnvisionWare for patent infringement. Both of these lawsuits address interesting issues that bring pivotal libraryautomation legal concerns to the surface. Neither accusation has been proven, and both are still pending legal action or settlement. The complaints filed with the courts stand as public documents exposing the plaintiffs’ concerns in detail. The defendant’s response to those claims may not become public until the issue comes before a court, or may never be disclosed if the parties settle out of court. While major lawsuits attract much attention, they must be considered skeptically until both sides of the matter can be understood.
Breeding, Marshall. SirsiDynix launches its Faceted Search Product.
August 2008. Smart Libraries Newsletter.
SirsiDynix has entered the fray of next-generation library interfaces with the announcement of SirsiDynix Enterprise, a search product that features faceted navigation, built using the GlobalBrain data retrieval technology from BrainWare, Inc.. Both SirsiDynix and BrainWare are portfolio companies of Vista Equity Partners.
Breeding, Marshall. Composing a Symphony.
November 2007. Smart Libraries Newsletter.
SirsiDynix has rebranded Unicorn, their strategic ILS product as Symphony. The company indicates that the initial release of the product will be called Symphony 3.2, reflecting its heritage as an incremental extension of Unicorn 3.1, the last version offered under that name.
Breeding, Marshall. The sun sets on Horizon.
June 2007. Computers in Libraries.
SirsiDynix announced that it had discontinued development of Horizon and would consolidate its future ILS efforts on Unicorn. Events such as SirsiDynix’s decision to consolidate to a single product cause a great deal of uncertainty and disruption for libraries and detract from the trust that’s necessary for a successful relationship between a library and its automation products supplier. SirsiDynix faces a large challenge in shoring up the trust with the Dynix/Horizon half of its customer base. The prompt delivery of truly outstanding replacement products is the only salve that will heal the wound.
Breeding, Marshall. SirsiDynix consolidates Its International operations.
May 2007. Smart Libraries Newsletter.
SirsiDynix took one step in its reorganization following its acquisition by Vista Equity Partners by establishing SirsiDynix International, consolidating all its operations outside North America. Prior to this move, there were separate and often independent sales, support, and administrative operations, including Asia-Pacific, Middle East and Africa, and Latin America. SirsiDynix has a broad international presence, providing library automation software to libraries in at least seventy countries. The international sector is of critical importance to the future of the company. About 25 percent of the company’s customers lie outside the U.S. and Canada. Due to market saturation in North America, the international sector offers the greatest potential market for new sales. SirsiDynix International will be lead by Keith Sturges.
Breeding, Marshall. SirsiDynix ILS set on single course.
April 2007. Smart Libraries Newsletter.
The June 2005 consolidation of Sirsi Corporation and Dynix created SirsiDynix,which stands as the largest company in the library-automation industry. Although many aspects of the company have been integrated, until recently the company sailed two flagship library-automation systems: Horizon and Unicorn. The company’s mid-March announcement hoists a single flagship—marking a significant change in course—based on the company's Unicorn platform. SirsiDynix entered a new phase of its corporate history when San Francisco-based Vista Equity Partners, a private-equity firm that manages about a $1 billion in assets, acquired it. Announced on December 27, 2006, the transaction closed on January 17, 2007. SirsiDynix reported it would consolidate development efforts into a single ILS platform based on Unicorn. Ongoing development on Horizon has ceased. Horizon 7.4 will be its terminal version. Libraries operating one of the SirsiDynix legacy systems—including Dynix Classic, DRA Classic, INLEX/3000, and MultiLIS—will be offered a migration path to Rome.
May 26, 2020.
SirsiDynix launches BLUEcloud Course Lists for North America.
SirsiDynix announced the North American launch of BLUEcloud Course Lists, a course reading list management solution for universities, colleges, and schools. BLUEcloud Course Lists gives instructors and library staff the tools they need to collaborate effectively to create interactive online lists of resources that students need for their studies. BLUEcloud Course Lists is now available to all libraries in North America. Availability to all other regions is projected to follow in the third quarter.
April 15, 2020.
EOS.Web now a FedRAMP Low Authorized ILS.
SirsiDynix announced the completed FedRAMP authorization for EOS.Web. EOS.Web customers can now use the FedRAMP Low Authorized Integrated Library System data center. FedRAMP provides a standardized, federally approved, and secure approach for all applications that host government data in the cloud. SirsiDynix has worked with an agency and partner to obtain FedRAMP authorization which provides a streamlined ILS acquisition and/or renewal process. After completing the extensive assessment and development required, EOS.Web now supports the FedRAMP requirements.
February 26, 2020.
SirsiDynix awarded a place on new ESPO Framework.
SirsiDynix announced that it has been awarded a place as a supplier on the new ESPO Library Solutions and Systems framework (350-19). This framework offers a quick, simple and competitive route to procure library management systems, RFID solutions, and self-service technology for libraries across the UK, including integration, training and associated support services.
February 5, 2020.
SirsiDynix Sees Robust Growth in 2019.
SirsiDynix is excited to announce that in 2019 nearly 100 libraries chose SirsiDynix as their new ILS provider. With its suite of BLUEcloud products and related services—SirsiDynix serves public, academic, K-12, and special libraries, worldwide. SirsiDynix is grateful to its library family for its support and is proud to serve such an important industry.
November 18, 2019.
Hounslow joins the London Libraries Consortium.
The London Borough of Hounslow is the latest borough to join the London Libraries Consortium. Following Croydon Council’s successful go live, Hounslow has now called off the London Libraries Consortium framework, increasing the total number of authorities to 18. We are delighted to provide the underlying technology solution for the Consortium’s framework and look forward to expanding SirsiDynix solutions across London and beyond.
Dec 31, 2014 ICV Partners acquires majority ownership of SirsiDynix from Vista Equity Partners A new era in the corporate history of SirsiDynix, one of the corporate giants of the library technology industry, has begun. After over eight years of ownership, Vista Equity Partners has sold SirsiDynix to ICV Partners, with Vista retaining and company executives acquiring minority stakes in the company.
Nov 01, 2013 SirsiDynix acquires EOS International from Scot Cheatham SirsiDynix announced the acquisition of EOS International, a California-based technology company that develops award-winning solutions for legal, government, corporate, medical, and other special library customers. With 1100 implementations worldwide, EOS customers will join SirsiDynix customers to create the largest and most inclusive customer base in the history of the library automation industry.
Oct 03, 2011 Bill Davidson named Chief Executive Officer of SirsiDynix SirsiDynix announced the transition of SirsiDynix Chief Operating Officer Bill Davison into the role of Chief Executive Officer. Matt Hawkins, SirsiDynix departing CEO, will remain involved with the company as an executive advisor and member of the board of directors. Day-to-day operations of SirsiDynix will be assumed by Davison in his new role of CEO
Dec 16, 2010 Matt Hawkins named SirsiDynix CEO SirsiDynix announced that Matthew Hawkins has been named chief executive officer. Hawkins, the company’s chief operating officer since 2007, succeeds Gary Rautenstrauch, who will remain with SirsiDynix as Executive Chairman.
Apr 28, 2009 President and Founder Scot Cheatham assumes role of CEO EOS International announced that Scot Cheatham, the company's President serving in a strategic planning role, will assume the duties of the company's Chief Executive Officer from Mr. Tony Saadat, who recently left the company.
Jun 19, 2007 Gary Rautenstrauch appointed CEO of SirsiDynix
Dec 27, 2006 Vista Equity Partners acquires SirsiDynix Vista Equity Partners, a San Francisco private equity firm with about $1 billion under management acquires SirsiDynix from its current owners, including Seaport Capital and HM Partners. Value of the transaction estimated at $280 million.
Aug 01, 2005 21st Century Group closed the merger of Dynix with Sirsi Holdings to form SirsiDynix In August 2005, 21st Century Group successfully closed the merger of Dynix with Sirsi Holdings to form SirsiDynix, distributing proceeds to its limited partners, while retaining an equity stake in the merged entity. 21st Century Group fully exited its investment in January 2007, when SirsiDynix was sold to Vista Equity Partners. (http://www.21stcenturygroupfund.com/realized1.html)
Jun 01, 2005 Sirsi Corporation acquires Dynix Sirsi Corporation, with the financial backing of its owner Seaport Capital, acquired Dynix. Dynix was owned by a group of venture capital funds including 21st Century Group, Greanleaf Ridge, and Stratford.
Jan 13, 2005 Sirsi Corporation acquires Docutek Sirsi Acquires Docutek Information Systems Inc. Docutek offers Docutek ERes, Docutek VRLplus, and Docutek atSchool products, which serve 550 customer sites
Jun 12, 2002 Jack Blount named President and Chief Executive Officer of epixtech
Jun 01, 2001 Scot Cheatham acquires ownership of EOS International from Dawson Holdings PLC. EOS International, a California-based library automation company with offices and service centers located throughout the globe, announced that CEO Scot Cheatham has successfully acquired ownership of the company from Dawson Holdings PLC. In an effort to redirect their focus solely on European operations, Dawson Holdings, a United Kingdom corporation, agreed to sell all of its interest in EOS International to original founder Scot Cheatham.
May 17, 2001 SIRSI Corporation acquires DRA for $51.5 million SIRSI Holdings Corp. announced that McGuire Acquisition Inc. a wholly owned indirect subsidiary of SIRSI, accepted for payment the 4,438,648 shares of common stock, par value $0.01 per share, of Data Research Associates, Inc. SIRSI also announced that it expects to promptly consummate the merger of McGuire with and into DRA, pursuant to which DRA will become a wholly owned subsidiary of SIRSI Corporation, a wholly owned subsidiary of SIRSI.
Jan 13, 2001 Patrick Sommers appointed President of Sirsi Corporation Sirsi Corporation announced that it has appointed Patrick C. Sommers, as president of the company. Jim Young, co-founder steps down as president and will remain the chair of the Board of Directors. Co-founders Jacky Young and Mike Murdock will also step out of day-to-day managment of the company and focus on strategic technology developments.
Jul 01, 2000 Dynix acquired by 21st Century Group The Company is the world’s leading provider of library automation systems and software. The Company offers proprietary software along with the necessary third party hardware, software and services to deliver a complete automation solution to its library customers. The Company’s products are adapted for use in all types of libraries including academic, school, public and special libraries, varying from single site operations to large branch systems and consortia. The Company has over 4,000 customers worldwide serving more than 23,000 individual library branches.
In August 2005, 21st Century Group successfully closed the merger of Dynix with Sirsi Holdings to form SirsiDynix, distributing proceeds to its limited partners, while retaining an equity stake in the merged entity. 21st Century Group fully exited its investment in January 2007, when SirsiDynix was sold to Vista Equity Partners.
Nov 05, 1999 21st Century Group and Green Leaf Ridge acquire Ameritech Library Systems from South Central Bell Dynix was Acquired by 21st Century Group in July 2000. South Central Bell (SCB) which recently acquired Ameritech, announced the sale of its Ameritech Library Systems division to a pair of investment companies, the 21st Century Group, LLC, and Green Leaf Ridge Co., LLC.
Oct 1999 Sirsi Corporation recapitalized by CEA Capital Partners Venture capital fund CEA Capital Partners makes its initial investment in Sirsi Corporation.
Nov 05, 1996 Lana Porter named President of Ameritech Library Services From Library Systems Newsletter: Ameritech Library Services has named Lana Porter, currently vice president of customer service in the customer business service unit of the parent corporation, as its new president. Porter's experience in the library automation industry includes having been president of LS/2000 from its acquisition by Ameritech in 1990 until its merger with NOTIS in 1992. In addition she has spent, several months as an executive in the Paris office of Dynix.
Porter holds an MBA from Ohio State University and has held a number of positions in marketing, operations, and customer service, both at Ameritech and Ohio Bell.
Oct 1994 Data Research Associates acquires MultiLIS Data Research Associates acquires MultiLIS from Sobeco Ernst and Young.
May 1994 Ameritech Library Systems formed Ameritech consolidates its library automation business units, combining NOTIS Systems and Dynix Systems which had previously operated independently.
1992 Ultimate Corp sells its stake in Dynix for $2.2 million
Jun 1990 Sirsi UK Limited founded by Peter Gethin and Nick Dimant Peter Gethin founded Sirsi Limited in May 1990 and has been Managing Director since that that time and served as , Managing Director Europe, Middle East and Africa for Sirsi Corporation.
1986 Dynix Management buys out Eyring Research Institute ownership in Dynix
1979 Sirsi Corporation founded as Specialists in Reliable Software, Inc. Sirsi Corporation founded by Jim Young, Jacky Young, and Mike Murdock.
Aug 1975 Data Research Associates founded by Mike Mellinger
[Data source: text supplied for the annual Library Systems Report]
2019 SirsiDynix Accomplishments Narrative
2019 saw a number of key initiatives and successes at SirsiDynix. For purposes of this annual review, we will list only four.
1) The Community Engagement Platform (CEP) - SirsiDynix developed and launched one of the most innovative and unique products in our long history. CEP is a sophisticated, comprehensive, integrated platform to enable libraries to easily create, distribute and track patron email campaigns. It facilitates unifying brand management in a professional, systematic approach. By simply filling out forms, libraries can manage event promotion, track participation, integrate calendaring, and report usage statistics. 2020 will see the official rollout and widespread adoption of CEP by SD libraries. We anticipate making CEP even more powerful by adding SMS capabilities and other significant functionality to enable libraries to more powerful market to and engage with their communities.
2) DataControl - Another unique, incredibly powerful and popuiar new product. Developed in 2019 as a front end interface to our powerful Web Services, DataControl brings unprecendented data visibility, reporting and batch manipulation. Designed as a power tool for System Administrators, DataControl has already had rave reviews from our pilot customers. It’s one of those products that, when demonstrated to user groups, elicits spontaneous applause. 2020 will see the adoption of DataControl by literally hundreds of SirsiDynix customers.
3) Mobile Capabilities - Joining our industry-leading BLUEcloud Mobile product, we developed Enterprise with Adaptive Design. Together, these products give libraries the ability to meet their users wherever they are--and does it in a way that accommodates both app and browser-based mobility. This dual-track mobile approach makes SirsiDynix an industry leader in mobile design. BLUEcloud Mobile and Enterprise represent the two best-selling, most widely adopted products in SD history, largely because they facilitate the kinds of interactions that libraries want to provide for their increasingly mobile user base.
4) New Name Wins - We are gratified to announce that 95 libraries joined the SirsiDynix family in 2019. This is one of the strongest new name performances in several years and we look to exceed those totals in 2020 and beyond. Vendor consolidation is placing an increasing value on stability and consistency in delivering products and services to our industry. The SirsiDynix executive team has an average tenure of over 23 years in the library industry, and most of that time has been spent as a team at SirsiDynix. Likewise, our employee base has amazing tenure and longevity with average tenure company-wide of over ten years. Our Professional Services team has an average tenure of nearly 20 years! This means that the same people you interacted with during the sales and implementation process, will be the same ones to be accountable to you in the coming years. In an era of unprecedented upheaval and change, we believe the constancy and dependability of SirsiDynix personnel will become increasingly rare and increasingly valuable.
These are just a few of the many components that made 2019 such a successful and amazing year at SirsiDynix. We look forward to achieving even greater things in 2020 and beyond!