WANdisco buys German software product

WANdisco, a California-based collaboration software developer with operations in Sheffield, has completed the purchase of SmartSVN software from German company, Syntevo.

The $1.0m acquisition was made to enable WANdisco to potentially offer a more complete solution with the provision of a low cost end-user product that can be leveraged to drive sales in WANdisco's target SME market.

SmartSVN, which was launched in 2005 and has been adopted by software developers across more than 2,500 companies, has "platform independence", with versions available for Windows, Linux, Unix and Mac OS X operating systems.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

David Richards, WANdisco Chairman and Chief Executive Officer, said: "SmartSVN is proven in the marketplace and the feedback from our existing customers who have used it for years has been excellent. Traditionally our products have been used by large global IT organizations to enable their Subversion servers to perform and scale with 24/7 availability.

"Our primary users have been the Subversion system administrators who maintain the servers in these organisations. Now SmartSVN will enable us to broaden out our solution stack to reach Subversion's millions of end-users, as well as enable us to embolden our efforts to target the important SME market."

WANdisco has engaged the vendor to provide consulting and training services to facilitate the smooth integration of SmartSVN into WANdisco's existing product line.

NR