Thursday, March 10, 2011

Talis exits the library automation industry to focus on the Semantic Web

In a move that allows Talis to concentrate on its growing semantic web business, which has been its strategic focus in recent years, the company has divested its library automation unit to Capita Group. In a transaction valued at about $32 million dollars that closed on March 3, 2011, Talis Information Limited, a business unit of Talis Group, was acquired by Capita Group, a large UK-based outsourcing company. Capita Group ranks as one of the largest UK companies specializing in business process outsourcing and professional services. Talis, based in Birmingham, England, provides its Alto ILS to about 109 public and academic libraries in the United Kingdom. Its library automation products have not been implemented in libraries outside the UK, but the company recently opened a subsidiary in the United States to develop and support products related to its semantic web technologies. See Library Technology Guides for details on this transaction.


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