CollabNet Acquires SourceForge

Apr 25, 2007

CollabNet acquires SourceForge from VA Software and VA Software gains an equity stake in CollabNet.

CollabNet and VA Software have announced a deal in which CollabNet has acquired the SourceForge Enterprise Edition business from VA Software in exchange for VA Software gaining an equity ownership stake in CollabNet.

The companies announced the deal at the close of the market on April 24. The parties have also entered into a 30-month media relationship for online advertising services.SourceForge Enterprise Edition is a strategic addition to CollabNet, bringing the two collaborative software development solutions for distributed teams under the same roof.

The combined entity will support more than 300 enterprise customers with more than 1.1 million users in dozens of countries, the company said. CollabNet is based in Brisbane, Calif., and VA Software is based in Fremont, Calif.

This combined entity signals the arrival of a new era in software development, in which distributed teams working on modern Web-based collaborative platforms have now become the norm for companies seeking to gain competitive advantage on a global basis, CollabNet officials said.

SourceForge Enterprise Edition, along with CollabNet's entire product portfolio - CollabNet Enterprise Edition, CollabNet CUBiT and Subversion - will be fully supported and enhanced over time, CollabNet officials said.

"The market for globally distributed software development solutions is growing rapidly as the need for interconnected applications and software development teams has now become the norm," Bill Portelli, CEO of CollabNet, said in a statement.

Copyright 2007 by Ziff Davis Media, Distributed by United Press International

Explore further: Where's the app for an earthquake warning?

add to favorites email to friend print save as pdf

Related Stories

Former OSDL CEO Launches Startup

Apr 16, 2007

Collaborative Software Initiative will focus on building noncompetitive, essential software for vertical industries in a collaborative environment to help companies solve their shared IT problems.

Recommended for you

Where's the app for an earthquake warning?

13 hours ago

Among the many things the Bay Area learned from the recent shaker near Napa is that the University of California, Berkeley's earthquake warning system does indeed work for the handful of people who receive its messages, but ...

Hit 'Just Dance' game goes mobile Sept. 25

Sep 18, 2014

Smartphone lovers will get to show off moves almost anywhere with the Sept. 25 release of a free "Just Dance Now" game tuned for mobile Internet lifestyles.

Indie game developers sprouting at Tokyo Game Show

Sep 18, 2014

Nestled among the industry giants at the Tokyo Game Show Thursday are a growing number of small and independent games developers from Asia and Europe, all hoping they are sitting on the next Minecraft.

Review: Ambitious 'Destiny' lacks imagination

Sep 18, 2014

Midway through "Destiny," the new science fiction epic from "Halo" creators Bungie, a smug prince is musing on the hero's desire to visit a mysterious site on Mars.

User comments : 0