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Innovative enables libraries to thrive in a world of fierce competition. We do it by investing in people, technology, partnerships, and services to create library experiences that matter.
Dec 5, 2019 · Innovative acquired ILS providers Polaris and VTLS in 2014. And in 2015 ProQuest—which had been developing the Intota LSP—acquired Ex Libris. But Hoffman said that the acquisition will benefit Innovative's existing customers, and present more options for the public library market.
- Matt Enis
- Details of The Acquisition
- Product Strategy
- Impact of The Acquisition
- Impact of Consolidation
The transaction is expected to close in early 2020. Until that time, the two companies will continue to operate independently. Financial details of the acquisition were not disclosed publicly. Following the acquisition, Innovative will become a wholly owned business unit of Ex Libris and will report through its president, Bar Veinstein. No public a...
ProQuest executives stress that this move will not disrupt the libraries using Innovative’s products, which will continue to see the same levels of support and development as they had prior to the acquisition. Ex Libris has a reliable record with continuing products gained via business acquisitions. Voyager, for example, was acquired by Ex Libris i...
When counting active contracts to library organizations, Innovative has a customer base of about 1,846 compared with 4,656 for Ex Libris. These contract counts include those made with consortia, multilibrary systems, and standalone libraries, as reported for the annual American Libraries “Library Systems Report” by Innovative in 2017 and Ex Libris ...
Consolidation in the library technology industry has been aggressive in the last couple of decades. But it is important to note that while there has been a narrowing of vendors, the diminishment of products has been remarkably gentle. Legacy products, even when seriously outdated, follow a long trajectory as they are phased out. The consolidation o...
Mar 28, 2022 · Innovative Interfaces Inc. (III), part of Clarivate, is a software company specializing in integrated library systems. The company was founded in 1978, and its initial product interfaced OCLC data with a library’s cataloging system. Today, Innovative is a leader in ILS software, with its Sierra and Polaris software used by customers in 66 ...
Innovative, a Part of Clarivate, is dedicated to providing leading technology solutions and services that empower libraries and enrich their users worldwide....
We’ve assembled a world-class team of experts in business operations, modern technology, and library science. Together, we understand the unique demands librarians experience, as well as how to meet the expectations of the modern consumer.
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Innovative Interfaces, Inc. (abbreviated III and called "Innovative" or "Triple I" in the industry) is a software company specializing in integrated systems for library management. Their key products include Sierra, Polaris, Millennium, and Virtua, [ 1 ] with customers in 66 countries. [ 2 ]
