OCLC completes acquisition of CloudLibrary to support public libraries in managing digital collections
Acquiring Company
OCLC
Acquired Company
CloudLibrary
DublinEducationEbooksLendingPublishingEbooksDescription
OCLC, the nonprofit library technology cooperative and the company behind WorldCat, has acquired CloudLibrary, a digital lending service platform. This acquisition aims to support public libraries in successfully managing accelerated shifts to digital collections and to increase access to information for library patrons worldwide.
Quick answer
OCLC is acquiring CloudLibrary, announced April 2, 2024. OCLC is based in Dublin, Ohio, United States.
- How much did OCLC pay for CloudLibrary?
- The deal value was not disclosed.
- What does OCLC do?
- OCLC is a nonprofit library technology cooperative and the company behind WorldCat, the world’s largest global catalog of library collections.
- Where are OCLC and CloudLibrary based?
- OCLC is based in Dublin, Ohio, United States.
- Who are the decision-makers at OCLC?
- Fundz holds 1 contact at OCLC. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired CloudLibrary?
CloudLibrary was acquired by OCLC, based in Dublin. The deal was reported on April 2, 2024. OCLC is a nonprofit library technology cooperative and the company behind WorldCat, the world’s largest global catalog of library collections. OCLC is privately held and operates in Education.
When did OCLC acquire CloudLibrary?
OCLC's acquisition of CloudLibrary was reported on April 2, 2024. OCLC, the nonprofit library technology cooperative and the company behind WorldCat, has acquired CloudLibrary, a digital lending service platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CloudLibrary do?
CloudLibrary is a digital lending service platform that offers library patrons access to a wide variety of digital content, including e-books, audiobooks, magazines, digital newspapers, digital comics, and streaming media services in more than 50 languages. It is privately held, operating in Lending.
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