Library technology industry report, annual since 2002
Companies are healthy.
Mergers and acquisitions: Library companies buy for keeps; private equity firms buy to sell later.
Used to be many small companies. Libraries had lots of demands, which limited creativity.
Fewer companies, but more resources to innovate. Not just software, but they also have to have knowledge base, such as what journals and dates are included in subscription databases.
If there’s too much consolidation, regulatory agencies or open source movement may force a change.
Proquest bought Ex Libris, an example of a content company buying a library tech company. Can they do neutral discovery? Breeding thinks yes.
Ebsco feud with Ex Libris.