Innovative Interfaces Acquires Polaris Library Systems

UPDATE: FAQ from III Re: Polaris Acquisition
UPDATE 2: Analysis from LibraryTechnology’s Marshall Breeding
From Today’s Press Release:

Innovative, a global leader in library technology, announced today that it has acquired Polaris Library Systems, a leading provider of technology to public libraries in the U.S. The combined companies will be led by Innovative CEO Kim Massana.
“This is the combination of two companies with complementary strengths that will allow us to better serve the technology needs of public libraries,” says Kim Massana, CEO of Innovative.  “We have appreciated and respected Polaris’s focus on service and support, especially to public libraries, and we look forward to combining two great service organizations and learning from each other.”

The move comes just weeks after Innovative Interfaces announced a new strategic partnership with library technology supplier Bibliotheca.

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