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gnulaw (52.25)

Breaking...In Play Geeknet (GKNT) announces sale of to Black Duck Software . "...Purchase a boon to developers..."



October 05, 2010 – Comments (3) | RELATED TICKERS: GKNT.DL , IBM , BBY

Breaking...In Play Geeknet announces sale of to Black Duck Software . "...Purchase a boon to developers..."

"...Ohloh is the largest public source of data about open source software, and we know this data is valuable to the open source community," said Scott Collison, Chief Product Officer of Geeknet and an Ohloh founder. "SourceForge is in the forge business and not in the business of providing data on open source software use. We decided to sell Ohloh to the preeminent FOSS data company in the world, Black Duck Software. We've had a relationship with Black Duck for years, and we are confident Black Duck will be the best steward of Ohloh's data and community..."   

Terms undisclosed. Shades of


(October 03, 2010) What is going down @Geeknet? 

3 Comments – Post Your Own

#1) On October 05, 2010 at 10:23 AM, gnulaw (52.25) wrote:

Black Duck - Ohloh Acquisition, CEO Q&A (audio) Full Interview 


wiith Tim Yeaton, CEO of Black Duck & Rich Sands, Independent Consultant for Developer Communities 

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#2) On October 05, 2010 at 10:27 AM, gnulaw (52.25) wrote:

"The acquisition of Ohloh demonstrates once more the growing value of data."

- “The acquisition of Ohloh demonstrates once more the growing value of data. With Ohloh's database, Black Duck can ease the friction of commercial adoption of open source technologies by commercial organizations and provide developers with more and better intelligence about open source project health. This is a win for the company and communities alike.”

-Stephen O'Grady, Industry Analyst with RedMonk

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#3) On October 05, 2010 at 11:35 AM, gnulaw (52.25) wrote:

...Black Duck Software, the leading global provider of products and services for accelerating software development through the managed use of open source software, today announced that it has acquired from Geeknet, Inc (NASDAQ: GKNT.) The transaction closed on September 30, 2010..." Source: Black Duck Software [Emphasis added].


Note This divestiture will be reflected in Geeknet's (GKNT) pending Q3 numbers ending September 30, 2010. 

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