(Updated) Capita has acquired Talis Information Ltd, the library management system division of Birmingham Based Talis. Capita is paying up to £21m for TIL, which turned over £7m last year at a 50% (!) operating margin. This looks like another useful addition to Capita’s burgeoning local government software products portfolio (yes, folks, it’s not just about BPO).
The acquisition leaves Talis as a business of two halves: an ERP-type system for education institutions; and a SaaS-based development platform for web data management. Suggestions as to what Talis should do next, on postcards only, please, to …