diff --git a/libraries.module b/libraries.module
index 059bfea..f23eb11 100644
--- a/libraries.module
+++ b/libraries.module
@@ -412,16 +412,6 @@ function libraries_info_defaults(&$library, $name) {
 /**
  * Tries to detect a library and its installed version.
  *
- * @todo We need to figure out whether, and if, how we want to retain the
- *   processed information. I.e. either use a static cache here, or make
- *   libraries_info() conditionally invoke libraries_detect($name). D7 only way:
- *   Re-use drupal_static() of libraries_info() - but would still require to
- *   update the (DB) cache (there likely will be one soon). Also, we probably do
- *   not want to ALWAYS parse ALL possible libraries; rather, the
- *   requesting/consuming module likely wants to know whether a list of
- *   supported libraries (possibly those registered by itself, or in a certain
- *   "category") is available... Food for thought.
- *
  * @param $name
  *   The machine name of a library to return registered information for.
  *
@@ -441,6 +431,12 @@ function libraries_info_defaults(&$library, $name) {
  * @see libraries_info()
  */
 function libraries_detect($name) {
+  $libraries = &drupal_static(__FUNCTION__, array());
+
+  if (isset($libraries[$name])) {
+    return $libraries[$name];
+  }
+
   $library = libraries_info($name);
 
   $library['installed'] = FALSE;
@@ -454,7 +450,8 @@ function libraries_detect($name) {
     $library['error message'] = t('The %library library could not be found.', array(
       '%library' => $library['name'],
     ));
-    return $library;
+    $libraries[$name] = $library;
+    return $libraries[$name];
   }
 
   // Invoke callbacks in the 'pre-detect' group.
@@ -476,7 +473,8 @@ function libraries_detect($name) {
       $library['error message'] = t('The version of the %library library could not be detected.', array(
         '%library' => $library['name'],
       ));
-      return $library;
+      $libraries[$name] = $library;
+      return $libraries[$name];
     }
   }
 
@@ -495,7 +493,8 @@ function libraries_detect($name) {
         '%version' => $library['version'],
         '%library' => $library['name'],
       ));
-      return $library;
+      $libraries[$name] = $library;
+      return $libraries[$name];
     }
 
     // Apply version specific definitions and overrides.
@@ -538,7 +537,9 @@ function libraries_detect($name) {
   // Invoke callbacks in the 'post-detect' group.
   libraries_invoke('post-detect', $library);
 
-  return $library;
+  $libraries[$name] = $library;
+
+  return $libraries[$name];
 }
 
 /**