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Ex Libris AIMs to raise.(Alternative Investment Market)(Brief article)
Byline: Tracey Caldwell
Ex Libris AIMs to raise $15m
Tracey Caldwell
Ex Libris has announced it is to float on the London Alternative Investment Market (AIM) to raise approximately $15m ([pounds sterling]8.5m).
A representative for Ex Libris told IWR that it is too early to say what the money would be spent on when the flotation is complete: "Exact sums have not been earmarked for upcoming projects at this point. Although projects are in the pipeline they will only be announced at a later date. Ex Libris will however be utilising funds to explore a number of different avenues including further investment in product R&D."
Ex Libris will also fund the expansion of global marketing efforts, particularly into Asia, and the acquisition of complementary companies and technologies. It believes that a listing on ...
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