Moving swiftly after their recent acquisition by private equity firm KKR, OverDrive, the leading digital library platform, announced that it will acquire the library assets of another KKR-owned property, RBmedia, including the RBdigital platform in North America, the U.K, and Australia.

The deal represents a major development in the digital library market. OverDrive is the market leading distributor of digital content in libraries, and RBmedia is a major producer of audiobooks with a catalog of more than 45,000 exclusive titles through its various brands.

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