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July 26, 2006

Ex Libris Acquired by Francisco Partners

From the latest American Libraries Direct:

AL blogger Andrew Pace welcomes speculation on this automation news: “It might not be the ‘continued consolidation’ of the ILS market that has been predicted by many, including me, but it’s clearly a step in that direction. Ex Libris Group announced early this morning (not quite as early in Jerusalem, where the company is headquartered) that it will be acquired by Francisco Partners, ‘one of the world’s largest technology-focused private equity funds.’�...
Hectic Pace, July 26

Stay tuned to see what this might mean for us!!

Read Hectic Pace
Read news release by Ex Libris
Read about Francisco Partners

Posted by huism002 at July 26, 2006 4:23 PM | News items

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