[SWANboard] FW: [SirsiDynix] Exciting Company Announcement

Hello SWAN Board— The sale of SirsiDynix was announced this week, and I had a regularly scheduled meeting with our SirsiDynix Library Relations Manager yesterday and to summarize: * The previous ownership was in place for around 10 years, so some change was expected * As noted below, the new ownership is in perpetuity * The BLUEcloud Accelerate funding initiative will continue * The sale does not change anything as far as our library membership is concerned It is interesting to note that this new owner Harris is owned by a larger company Constellation Software, which owns a sister company to Harris called Volaris. The library software companies BiblioCommons and EnvisionWare are owned by Volaris, so there is some connection there, but it might not mean much. Aaron Skog Executive Director aaron@swanlibraries.net<mailto:aaron@swanlibraries.net> • 630-326-7022 My pronouns: he/him/his SWAN Library Services 800 Quail Ridge Drive, Westmont, IL 60559 swanlibraries.net<https://swanlibraries.net/> • catalog.swanlibraries.net<https://catalog.swanlibraries.net/> From: SirsiDynix Support Center &lt;sdsc(a)sirsidynix.com&gt; Sent: Tuesday, January 7, 2025 12:45 PM To: Aaron Skog &lt;aaron(a)swanlibraries.net&gt; Subject: [SirsiDynix] Exciting Company Announcement [https://support.sirsidynix.com/logo.png]<https://support.sirsidynix.com/… Dear SirsiDynix Customers, I have some exciting news to share! It is my pleasure to announce the closing of the acquisition of SirsiDynix by N. Harris Computer Corporation (Harris), a subsidiary of Constellation Software. Moving forward, SirsiDynix will continue to operate as a stand-alone business within the Harris group of specialized software companies. We’ll certainly have more information to share in the coming weeks, but for now, here are the key points that you should know. This acquisition marks the end of the private equity ownership era for SirsiDynix. Harris and its Constellation affiliates are permanent acquirers. The businesses acquired by Harris do not get sold - in part or in whole - once they are part of the Harris family. This is very good news for all SirsiDynix customers. This means all business strategies and decisions are focused on long-term success rather than short-term objectives. And very importantly, Harris is fully committed to the recently-announced BC Accelerate product investment and intends to continue with that exciting initiative. SirsiDynix, under Harris, will continue to innovate and deliver on the product roadmap developed over time with extensive customer input. And rest assured, that the same people who helped you with your projects and issues previously will be the same people who will assist you going forward. This acquisition will not affect any partnerships, product integrations or other company initiatives currently in place. If anything, we anticipate being even a stronger partner to the library community and enhancing our leadership position as we benefit from the financial strength of our new owners. Harris is patient, deliberate, and invests consistently and incrementally over the long term to achieve the best possible outcomes for their customers. This means that SirsiDynix will be managed to endure and thrive for decades to come. We look forward to building a wonderful future together that includes our new friends at Harris, our exceptional employees, and especially you, our valued customers. Warm regards, Bill sdsc@sirsidynix.com<mailto:sdsc@sirsidynix.com> | https://support.sirsidynix.com