Innovative Acquires VTLS

Innovative has acquired VTLS.

Here's an excerpt from the announcement:

Innovative, a global leader in library technology, announced today that it has acquired VTLS, a library automation solutions provider to customers in 44 countries. The combined companies will be led by Innovative CEO Kim Massana. VTLS's products include Virtua, VITAL, Chamo, MozGo and FasTrac. . . .

The company's current offices in Blacksburg, Virginia; Barcelona, Spain; and Selangor, Malaysia will be retained and become Innovative centers for operations, along with Syracuse, New York; Dublin, Ireland; and Noida, India. Emeryville, California will remain the company's corporate headquarters.

As part of the transition, VTLS flagship products will be rebranded, incorporating the company name into the product name including VTLS-Virtua, VTLS-VITAL, and VTLS-Chamo Discovery.

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Author: Charles W. Bailey, Jr.

Charles W. Bailey, Jr.