Ex Libris Acquired

Posted On Jul 26 2006 by

It might not be the “continued consolidation” of the ILS market that has been predicted by many, including me, but it’s clearly a step in that direction. Ex Libris Group announced early this morning (not quite as early in Jerusalem, where the company is headquartered) that it will be acquired by Francisco Partners, “one of the world’s largest technology-focused private equity funds.” The definitive agreement calls for the acquisition of 100% of the company’s shares. “Financially strong and with consistently strong growth, Ex Libris is well positioned to make strategic acquisitions and to expand into new geographical markets. We are delighted …


What’s in a Name?

Posted On Jun 20 2006 by

When I was a kid, I hated when people made puns out of my name–keep up the pace, do you like picante sauce?, your parents must have been pacemakers. Those of you with punnable names will sympathize with the one-sided hilarious laughter that usually followed such a pun, as if it were being made for the very first time. Groan. So it was with some reluctance that I came to accept “Hectic Pace” as a name for my first solo blog, but I finally acquiesced–as a companion to my Technically Speaking column, hectic was a pretty good moniker. If you’ve …