Adtran executive 'has a strong love for our community'
Wednesday, January 12, 2005
EHuntsville-based Sirsi Corp. has acquired a California-based company that is expected to complement Sirsi's information management products for librarians and library users.
Sirsi, which is privately owned, purchased Burlingame, Calif.-based Docutek Information Services Inc., a library technology company which specializes in e-resource and e-learning solutions, Sirsi reported in a news release.
"A major part of Sirsi's strategy for the future revolves around technologies that assist libraries in managing e-resources and supporting e-learning," said Patrick Sommers, Sirsi's chief executive officer. "Docutek's solutions fit perfectly into Sirsi's future plans.
Terms of the deal were not disclosed, but Docutek will become a wholly owned subsidiary of Sirsi.
"This is a next logical step for Docutek Information Systems," said Nathan Vince, Docutek's president and CEO.
"Successful companies always progress to a point where change is essential if their growth is to be sustained - Docutek has reached that point."
Vince and Slaven Zivkovic, Docutek's vice president of technology and co-founder, will pursue other interests, Sirsi reported.
Dr. Phillip Kesten, Docutek's vice president of marketing and a company co-founder, will remain with the company, as will the company's director of engineering and members of the company's development, support and sales staff.
Sirsi has 350 employees in North America, and offices and distributors around the world. The company provides a variety of software products to more than 10,000 libraries around the world, according to the news release.
Docutek's ERes, a library reserve program, is used by more than 3.2 million students at more than 400 colleges and universities worldwide.
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