170822 Resource 125361 126221 200444 1180648208077 1214509229908 Controlled CollabNet Acquires VA Software's SourceForge Enterprise Edition VA Software Sharpens Focus on Online Media <p>CollabNet recently <a href="http://www.collab.net/news/press/2007/sfee.html" target="_blank">announced</a> its purchase of&nbsp;VA Software's SourceForge Enterprise Edition business in consideration for an equity ownership stake in CollabNet. The parties have also entered into a 30 month media relationship for online advertising services.&nbsp; The acquisition complements CollabNet's software development platform for distributed teams and enables VA Software to focus on its online media properties.&nbsp; VA Software has <a href="http://web.sourceforge.com/news_archive/2007/1799.php" target="_blank">changed its name</a> to SourceForge related to this strategy.&nbsp; </p><p>According to Ali Jenab, CEO of <a href="http://web.sourceforge.com/index.php" target="_blank">SourceForge</a> (formerly, VA Software), &quot;Going forward, our executive management team will be keenly focused on growing our core online media assets, comprised of SourceForge.net&reg;, ITManagersJournal.com, Slashdot.org, NewsForge.com, Linux.com, freshmeat.net and ThinkGeek.com. Together, these sites attract over 32 million unique visitors a month.&quot; </p><p>Updata Advisors acted as financial advisor and provided a fairness opinion to VA Software Corporation.</p> 9 application/xml false CollabNet infrastructure software software M&A SourceForge Updata Advisors VA Software Updata Advisors Infrastructure Software M&A Transactions Recent infrastructure software mergers and acquisitions deals completed by Updata Advisors http://updataadvisors.com/transactions.asp?sector=13&level2id=55&level2name=Infrastructure%20Software&sectorname=ALL%20SECTORS Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web