LYRASIS and DuraSpace Boards Approve “Intent to Merge”

Submitted by Blake on Wed, 01/27/2016 - 09:11

As Chair of the Board of Trustees and LYRASIS CEO, we are pleased to announce that the LYRASIS and DuraSpace Boards have voted unanimously in favor of an “intent to merge” the two organizations. This begins a public phase of the due diligence process whereby we will be gathering member feedback, discussing governance and defining many of the nuts and bolts that need to be addressed before putting a potential merger to a member vote. If approved, the coming together with DuraSpace would allow LYRASIS to expand certain services while improving existing ones.

The “intent to merge” is a proposed combining of our organizations based on the strengths of each and the synergies between our missions and communities of service. Coming together would allow us to strengthen the Community Supported Software (CSS) offerings of both organizations and expand and leverage our current digital asset management solutions for members and the wider library, archives and museum communities. In addition to the digital technology benefits, our licensing and partnership team would be able to leverage the strengths of the DuraSpace community.

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