Acquisition/Merger of Endeavor with Ex Libris Now Complete

Submitted by admin on Fri, 12/22/2006 - 3:03pm.

Here is the email that was distributed this afternoon, 12/22, on some of the Ex Libris listserv's about the acquisition of Endeavor Informations Systems by Francisco Partners, and the merger of Endeavor and Ex Libris. An FAQ document with more details is also attached (click on the attachment link at the bottom of the article).



21 December 2006



Dear Customers,

I am happy to report that earlier today, Francisco Partners successfully completed its acquisition of Endeavor Information Systems, Inc. The acquisition, originally announced just a few weeks ago, results in the merging of Endeavor with Ex Libris Group. So, for those of you who are new to Ex Libris Group, I would like to extend my warmest welcome to each of you! For those of you who have been Ex Libris customers for some time, let me take this opportunity to thank each of you for your continued support of Ex Libris products and services.

The combined entity now offers a best-of-breed suite of library software and service offerings, deployed at more than 4,000 institutions around the world. In recent weeks, the combined management team has developed a comprehensive product roadmap outlining future plans for each offering. As stated initially, we plan to develop, support, and actively sell both flagship integrated library systems - ALEPH 500 and Voyager. New versions of both products are on track for their scheduled releases in 2007.

Looking ahead, we plan to increase the resources invested in Voyager while we maintain the same high level of resources dedicated to ALEPH. With regard to our other product offerings, please refer to the Frequently Asked Questions (FAQ) document which accompanies this message.

This is a very exciting time for the Ex Libris Group and our customers as we have now joined two strong, visionary organizations. Our expanded research and development team positions us to bring market-leading solutions to you much more quickly. In addition, our combined resources will enable us to continue our commitment of delivering high-quality service and maintaining true partnerships with each of you.

As always, our aim during this transition is to deliver the same high-quality, uninterrupted service and support. I look forward to meeting with as many of you as possible in the upcoming months at industry events, Ex Libris seminars, and user group meetings where we will have an opportunity to share with you our product vision and discuss our joint future.

Best regards,

Matti Shem Tov
President and CEO
Ex Libris Group
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