Talis Information Limited, which constitutes the library division of Talis Group Ltd, has been acquired by outsourcing firm, Capita Group plc. The transaction is valued at £18.5m with an additional £2.5m due, based on performance over the next 12 months. Talis Information Ltd has a range of around 100 academic and public library clients based in the UK and employs 42 staff, all of whom are based in Birmingham. Information Age had a good article about the acquisition here.
Talis Group’s other portfolio companies including Talis Education Ltd, Talis Systems Ltd, and Talis Inc. aren’t part of the deal, so it looks like the SaaS-based semantic web platform stays with Talis, along with Talis Aspire, a resource list management solution for higher education customers. Talis recently opened a U.S. office (in Virginia) with its first customer the Government Printing Office (GPO). At this point, I’m not sure whether the US office stays with Talis or goes to Capita. I’m guessing it’s part of the systems group, so will remain as Talis.