ProQuest has completed its acquisition of Ex Libris Group, a leading global provider of cloud‑based solutions for higher education.
The businesses’ complementary assets are being integrated, enabling existing services to be enhanced and sparking the creation of all-new solutions that will help libraries seize opportunities in rapidly changing technology, content, and user environments.
'This is a momentous day for our company as we officially welcome Ex Libris and its talented team to ProQuest,' said Kurt Sanford, ProQuest CEO. 'We are bringing together a truly unique, expansive combination of capabilities and assets that will also accelerate innovation of new services to address libraries’ most pressing challenges.'
ProQuest has formed a new business unit – Ex Libris, a ProQuest Company – which will continue to support a selection of products including Alma, Aleph, bX, Intota, Primo, Rosetta, SFX, SIPX, Summon, 360 Link, Voyager, and the newly launched Leganto reading-list solution and campusM mobile campus solution.
The Ex Libris business unit is led by Matti Shem-Tov, reporting to Kurt Sanford and supported by a team comprised of both Ex Libris management and ProQuest Workflow Solutions management.
'Ex Libris has an impressive record of innovation and growth, and throughout its long history has nurtured close relationships with our broad customer community,' remarked Mr. Shem-Tov. 'These strong ties with our customers around the world will be enriched by combining our strengths with ProQuest’s unparalleled resources and expertise.'