October 9, 2015
(Moody’s Corporation) Moody's Investors Service (Moody's) has placed ProQuest LLC's (ProQuest) ratings on review for downgrade, including the B2 corporate family rating , Ba2 First out revolver, and B2 1st lien term loan rating, following the announced acquisition of Ex Libris Group which is a global provider of library automation solutions. The review for downgrade will focus on the leverage levels and interest coverage pro-forma for the acquisition as well as the improvement in the strategic position of the combined entity. We anticipate any downgrade to be limited to one notch.
October 8, 2015
(ProQuest) ProQuest SIPX, provider of the most complete digital course materials solutions in higher education, has launched three new options to support unique teaching and learning workflows: SIPX Central, SIPX Campus and SIPX for MOOCs. The SIPX innovative digital course materials solutions address a variety of copyright and costs concerns for universities. By connecting students to materials that are open access or already purchased and available to them through their university library, the SIPX solutions have saved its customers and students $3.67M to date.
(Overdrive) More than 30,000 libraries and schools are participating in the world’s largest global eBook reading club. Big Library Read (BLR), facilitated by OverDrive, connects millions of readers around the world simultaneously with an eBook. For the first time, two titles will be available to borrow online 24/7 through participating libraries and schools: The Door in the Hedge by Robin McKinley (Open Road) and In the Shadow of Blackbirds by Cat Winters (Abrams). The free program runs October 7-21 and to get started reading, all that is needed is a library card or student ID.
(EBSCO Information Services) YBP Library Services and EBSCO Information Services will be working more closely with academic institutions in Ireland after agreeing to new contracts to supply e-books and journals. The tenders were issued and managed by Education Procurement Services over the last few months.
(BiblioCommons) BiblioCommons announced that it has expanded its eBook offerings through a new agreement with Penguin Random House. The agreement will add over 38,000 eBook titles to those already available to libraries through the BiblioDigital eBook acquisitions platform.
October 7, 2015
(ByWater Solutions) ByWater Solutions announced that the Uintah Basin Library System of Utah is now live on their Koha open source integrated library system. The Uintah Basin Library catalog is made up of three branches which include the Uintah County Library, the Roosevelt Library and the Duchesne Library.
(Axiell) Axiell announced the opening of the North American User Conference and National History Special Interest Group at the Penn Museum. The three-day event will gather more than 150 museum experts and archivists for discussions on future strategies and upcoming developments in the cultural sector. The delegates will get insight into digitization, online engagement, museum management, data management and best practices for Axiell’s suite of collection management solutions.
October 6, 2015
(Springer) Springer, part of the newly formed publishing group Springer Nature, will offer customers a way to make their online educational initiatives even more attractive. A unique offer to licensed institutions will allow them to embed, at no extra charge, up to 30 specialized links to Springer eBook and journal content into any non-commercial educational platforms. These could include, for example, learning management systems, MOOC platforms or in-house platforms. The offer, called Online Learning Language, is available to institutions in most parts of the world that purchase Springer’s front list content and applies to Springer’s contemporary library of over 4.7 million articles and book chapters.
(EBSCO Information Services) Blake of the University of Michigan has won the 2015 EBSCO Charleston Conference Scholarship from EBSCO Information Services (EBSCO). Blake is a Spatial and Numeric Data and German Studies Librarian at the university and will use the scholarship to attend the 35th Annual Charleston Conference in Charleston, S.C.
(Ken Chad Consulting) A briefing paper written by Ken Chad for Higher Education Library Technology contrasts the library resource management landscape now with the situation in 2008 when a Jisc/SCONUL LMS study recommended that the time was not right for libraries to purchase a new library management system. In the intervening period a new generation of 'library services platforms' (LSPs) has emerged to replace library management systems (or integrated library systems –as they are also known) and the pace of procurement has quickened. Ken Chad analyses the current landscape and looks at the strategic issues around the changing nature of library collections, shared services, workflows, analytics and the cloud. He predicts that LSPs will move to encompass additional resource silos.
(EBSCO Information Services) As libraries look to expose their collections to patrons who use traditional search engines, EBSCO Information Services and its NoveList division are working with Zepheira to determine how to help libraries make the transition. NoveList will sponsor The Libhub Initiative, founded by Zepheira. The goal of the initiative is to increase the visibility of libraries.
(Bibliotheca) Bibliotheca nnounced that their shareholders, One Equity Partners (OEP), today completed the purchase of 3M Library Systems North American business, and entered into agreements to purchase the assets of 3M’s remaining global Library Systems business. The new Bibliotheca Group will combine the best of both worlds to help libraries captivate their communities, providing innovative library-focused solutions that connect with people at home, at the library, and on the go.
(ProQuest) ProQuest has signed an agreement to acquire Ex Libris Group, a leading global provider of library automation solutions. The capabilities of ProQuest and Ex Libris span expertise in print, electronic and digital content, as well as solutions for library management, discovery and research workflows.
(Zepheira) The Libhub Initiative, the effort founded by Zepheira to encourage the use of Linked Data to expand Library Visibility on the Web, welcomes NoveList as its latest sponsor. Through their sponsorship, NoveList takes a leadership role acknowledging the critical importance of Visibility for libraries, and shows interest in the use of technologies that support libraries wherever their customers may be.
(Eduserv) OpenAthens Redirector provides one-step access to subscription and other paid-for content by seamlessly requesting credentials when patrons are off-network and directly serving the content when they are in IP range. The proxy-like syntax eases the burden of link management for librarians and provides a seamless experience for users, who are increasingly demanding off-site and mobile access.