Innovative acquires VTLS

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Innovative Interfaces has acquired VTLS, which supplies library automation solutions to customers in 44 countries.

The combined companies will be led by Innovative CEO Kim Massana. Vinod Chachra, founder and former VTLS president and CEO, will take the role of vice president of global expansion at Innovative Interfaces. Other members of the VTLS development, support and sales teams will join the Innovative management group, say the companies.

VTLS' current offices in Blacksburg, Virginia; Barcelona, Spain; and Selangor, Malaysia will be retained and become Innovative centers for operations, along with Syracuse, New York; Dublin, Ireland; and Noida, India. Emeryville, California will remain the company's corporate headquarters.

As part of the transition, VTLS flagship products will be rebranded, incorporating the company name into the product name including VTLS-Virtua, VTLS-VITAL, and VTLS-Chamo Discovery. 'We always appreciated the advanced technology and unique position that VTLS has enjoyed in the library community,' explained Massana. 'It was important that we didn't lose the recognition and trust that VTLS has built over the years by continuing the VTLS brand within the product portfolio.'