from the Bibliotheca Press release:
Bibliotheca is excited to announce 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.
Each business brings unique products and services to the market, which combined will provide libraries with an unparalleled portfolio of solutions to help them serve their community at home, at the library and on the go.
Going forward, Bibliotheca will combine with the former 3M Library Systems business and will transition it to a single Bibliotheca brand. The new Bibliotheca Group is committed to continued investment in products and staff and will continue to expand into new regions with innovation-led products.
The completed sale transfers 3M’s former North America Library business, including the security (EM), productivity (RFID & AMH) and cloud (eBooks) solutions, all of which will be joined with the existing Bibliotheca product set to create the single largest ‘best of breed’ solution set globally.
Read the entire press release.