October 20, 2017

LYRASIS Names Recipients of Leadership Circle Catalyst Fund

LYRASIS last month named the first recipients of its $100,000 LYRASIS Leadership Circle’s Catalyst Fund, which was created to support new ideas and projects by LYRASIS members.

LYRASIS, DuraSpace Leaders Discuss Dissolved Merger

On May 16, the boards of LYRASIS and DuraSpace dissolved a planned merger that had been announced on January 27. But executives from the not-for-profit library software and service providers told LJ that four months of formal due diligence and analysis had helped members and leadership from both organizations become more familiar with one another, setting the stage for future collaboration.

LYRASIS, DuraSpace Boards Approve Intent to Merge

Following a months-long analysis by an exploratory committee, the boards of not-for-profit, open-source digitization and repository software and service providers LYRASIS and DuraSpace on January 27 unanimously approved an “Intent to Merge” agreement. The two organizations have begun seeking input from their respective members as well as the wider research, library, archives, and museum communities, as part of a due diligence process that will “determine the feasibility of a combined organization…. [and] include a deeper assessment of the individual organizations and how they might partner effectively.