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	<title>librarian.net &#187; vista</title>
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		<title>mergers and aquisitions &#8211; SirsiDynix + Vista</title>
		<link>http://www.librarian.net/stax/1929/mergers-and-aquisitions-sirsidynix-vista/</link>
		<comments>http://www.librarian.net/stax/1929/mergers-and-aquisitions-sirsidynix-vista/#comments</comments>
		<pubDate>Sun, 31 Dec 2006 18:24:12 +0000</pubDate>
		<dc:creator>jessamyn</dc:creator>
				<category><![CDATA['puters]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[sirsi]]></category>
		<category><![CDATA[sirsidynix]]></category>
		<category><![CDATA[vista]]></category>

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		<description><![CDATA[You know, if you want to bury some news, make sure to announce it between Xmas and New Years. So SirsiDynix says &#8220;investment partnership&#8221; in the article headline (their pdf) but &#8220;acquisition&#8221; in the article. Vista hasn&#8217;t announced it at all as of this typing. Press releases are usually vapid and devoid of content and [...]]]></description>
			<content:encoded><![CDATA[<p>You know, if you want to bury some news, make sure to announce it between Xmas and New Years. So SirsiDynix says &#8220;investment partnership&#8221; in <a href="http://www.librarytechnology.org/ltg-displayarticle.pl?RC=12313">the article headline</a> (<a href="http://www.sirsidynix.com/Newsevents/Releases/2006/20061227_SD_PR_Vista_FINAL_English.pdf">their pdf</a>) but &#8220;acquisition&#8221; in the article. <a href="http://www.vistaequitypartners.com/">Vista</a> hasn&#8217;t announced it at all as of this typing. Press releases are usually vapid and devoid of content and this one is no different. The <a href="http://www.imakenews.com/sirsi/e_article000719737.cfm?x=b8G7PBR,b65sKl5s">letter from Sirsi-Dynix CEO</a> is also not really forthcoming. &#8220;The partnership validates the contributions libraries and SirsiDynix make to our communities.&#8221; What? Dan Scott <a href="http://www.coffeecode.net/archives/108-Musing-about-SirsiDynixs-new-investment-partner.html">has some analysis on his blog, Coffee|Code</a> and makes a few predictions.<br />
<blockquote>You heard it here first: expect lots of news from SirsiDynix in 2007. I&#8217;m predicting more service fees (100% confidence), increased annual support fees (100% confidence), and the beginning of the end of Unicorn with an announcement that Horizon is the strategic product for new development efforts going forward (75% confidence). I&#8217;ll go out on a limb and say that a merger or acquisition of SirsiDynix in 2007 is unlikely (33% confidence), but after proving their new business strategy and the nice spikes on their revenue and profit charts, I&#8217;ll say that it&#8217;s quite likely in 2008 (80% confidence).</p></blockquote>
<p>I&#8217;m not into the industry enough to make any predictions or even any observations, but it seems to me that if a non-library company sees fit to buy a library services company it&#8217;s probably because that company is making money hand over fist. And if Sirsi-Dynix is making money hand over fist, it&#8217;s because libraries are paying them boatloads of money. Sirsi-Dynix says they <a href="http://www.al.com/business/huntsvilletimes/index.ssf?/base/business/116730101710040.xml&#038;coll=1">expect no staffing changes</a>. A little more <a href="http://www.libraryjournal.com/article/CA6402860.html">over at Library Journal</a>. </p>
<p>Don&#8217;t miss <a href="http://www.librarytechnology.org/automationhistory.pl">this amazing graphic</a> showing &#8220;the history of mergers and acquisitions in the library automation industry&#8221; over at Library Technology Guides.</p>
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