Smart Libraries Newsletter [August 2008]

ISACSOFT Completes Business Transition

Breeding, Marshall.

Copyright (c) 2008 ALA TechSource

SummaryThe April 2008 issue of Smart Libraries Newsletter reported that ISACSOFT, which includes the BiblioMondo library automation business unit, was in the process of making the transition from a publicly traded company on the Toronto Venture exchange to private ownership by its current Chairman, President, and CEO Ronald Brisebois. The shareholders approved the sale of the company for CDN$ 0.33 per share on June 27, 2008, with a valuation of the company set at about $4.2 million. The transaction closed on July 10, 2008. Brisebois, now the full owner of the company will continue in his executive roles.

The April 2008 issue of Smart Libraries Newsletter reported that ISACSOFT, which includes the BiblioMondo library automation business unit, was in the process of making the transition from a publicly traded company on the Toronto Venture exchange to private ownership by its current Chairman, President, and CEO Ronald Brisebois. The shareholders approved the sale of the company for CDN$ 0.33 per share on June 27, 2008, with a valuation of the company set at about $4.2 million. The transaction closed on July 10, 2008. Brisebois, now the full owner of the company will continue in his executive roles.

Publication Year:2008
Type of Material:Article
Published in:Smart Libraries Newsletter
Publication Info:Volume 28 Number 8
Issue:August 2008
Page(s):3
Publisher:ALA TechSource
Place of Publication:Chicago, IL
Company: SirsiDynix
ISSN:1541-8820
Permalink: http://www.librarytechnology.org/ltg-displaytext.pl?RC=13436
Record Number:13436
Last Update:2008-10-25 11:35:14
Date Created:2008-08-03 13:49:17