Progressive Technology Federal Systems, Inc. (PTFS), an industry-leading library solutions provider and developer of the ArchivalWare digital library and content management software, has announced it will acquire LibLime, the global leader in open-source software solutions for libraries. The transaction is expected to close before the end of January 2010.
“PTFS has supported ILS solutions for 15 years and is committed to resolving community differences and advancing Koha open source library technology. At a time when many libraries are experiencing budget cuts, PTFS’s LibLime division plans to significantly enhance this highly cost effective library automation alternative,” commented John Yokley, PTFS CEO.
This acquisition expands PTFS’s existing U.S. and European open-source library solutions business. LibLime will accelerate PTFS’s Digital Library System (DLS) initiative, an integration between the Koha ILS and ArchivalWare. The DLS solution will provide libraries and information centers with a single toolset to manage all of their collections – print and digital.
PTFS will integrate its library solutions team with the LibLime team, including LibLime’s founding CEO, Joshua Ferraro who will continue to lead LibLime’s current development projects to conclusion. PTFS’s LibLime division will bolster enterprise-class support resources for a combined customer base of over 800 special, public, and academic libraries.
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In 2005, LibLime became the first U. S. company to commercially support Koha, an open source Integrated Library System. LibLime has scaled up rapidly in response to growing demand for collaboratively-developed library solutions, and currently supports over 500 libraries with its customer-focused, highly-regarded SaaS, support and development services.
“We are impressed with PTFS’s experience in the ILS space, as well as their outstanding record for customer service focus in all their business divisions. This acquisition will bring that experience and customer focus to bear for LibLime’s existing customers,” said LibLime’s founding CEO, Joshua Ferraro.