[SWANboard] FW: Innovative Acquires VTLS

SWAN Board, You can see that a huge shakeup is going on in the ILS market. Paul Mills (head of Pinnacle) is here at Burr Ridge and he noted that at the IUG conference, Kim Massana said there would be further acquisitions and mergers. III might not be done yet. Aaron Skog SWAN Executive Director 125 Tower Drive Burr Ridge, IL 60527 Phone: 630.734.5122 Fax: 630.734.5056 aaron.skog@railslibraries.info<mailto:aaron.skog@railslibraries.info> http://support.swanlibraries.net From: Innovative [mailto:pr@iii.com] Sent: Monday, June 02, 2014 10:51 AM To: Aaron Skog Subject: Innovative Acquires VTLS [http://www.Swiftpage5.com/CampResource/2X0XVSQBIDSXAHTC/bio/libraryopennewh…] Innovative Acquires VTLS Colleagues: [http://www.Swiftpage5.com/CampResource/2X0XVSQBIDSXAHTC/bio/kim.jpg]These are exciting times at Innovative and I am very pleased to announce that we have acquired VTLS, a leader in providing practical, scalable solutions to the library community for more than 30 years. Headquartered in Blacksburg, Virginia, VTLS has a diverse customer base of more than 2,100 libraries in 44 countries with a strong family of library technology products including the Virtua ILS and VITAL, a powerful digital asset management system. I will lead the combined companies from Innovative’s headquarters in Emeryville with members of the VTLS development, support and sales teams joining the Innovative management group. Dr. Vinod Chachra, founder and former President and CEO of VTLS, will join Innovative as Vice President for Global Expansion to ensure a smooth transition for VTLS libraries. VTLS’s current offices in Blacksburg, Virginia; Barcelona, Spain; and Kuala Lumpur (Selangor), Malaysia will be retained and become Innovative centers for operations along with our offices In Syracuse, Dublin, Noida, Madrid, and Taiwan. If you are interested in learning more about the acquisition, please visit our website at www.iii.com/vtls<http://www.Swiftpage5.com/SpeClicks.aspx?X=2X0XVSQBIDSX… or read my latest blog post<http://www.Swiftpage5.com/SpeClicks.aspx?X=2X0XVSQBIDSXAHTC01U6WF&g…WF>. If you have any questions or comments, you are welcome to contact your Library Relations Manager or Sales Representative. Thanks for your ongoing loyalty and support. Best regards, Kim You are receiving this communication as your library, company, or institution is a current customer of Innovative. Innovative is located at 5850 Shellmound Way | Emeryville, CA 94608, USA. Email: pr@iii.com<mailto:pr@iii.com?subject=Email%20Communications> Web: www.iii.com<http://www.Swiftpage5.com/SpeClicks.aspx?X=2X0XVSQBIDSXAHTC0… [http://www.iii.com/sites/default/files/imce/library-is-open_footer_0.png] Sent to:aaron.skog@railslibraries.info If you prefer not to receive future e-mails of this type, click here<http://www.Swiftpage5.com/SpeSupIt.aspx?X=2X0XVSQBIDSXAHTC00U6WF&am… Sent By: Innovative 5850 Shellmound Way Emeryville CA 94608 USA [http://www.Swiftpage5.com/images/powerdby.gif]<http://www.Swiftpage5.com… To view as a web page click here<https://www.Swiftpage5.com/speasapage.aspx?X=2X0XVSQBIDSXAHTC00U6WF…WF>. [http://www.Swiftpage5.com/images/Fwd2Friend.gif]<http://www.Swiftpage5.c…