Open source community Ohloh is consumed by SourceForge |
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Open source community Ohloh is consumed by SourceForge
After watching the panel on M&A activity yesterday at the WTIA Fast Pitch Forum, I was wondering when we might see some more deals in these parts. Well, turns out one actually happened today.
SourceForge today announced that it is gobbling up Bellevue's Ohloh, a massive directory of more than 300,000 open source projects and developers. Terms weren't disclosed. But based on what I am hearing there might be a few more M&A deals around the corner.
Ohloh's Jason Allen writes in a blog post:
"So, tying it together, the goal of the acquisition is to leverage Ohloh's software development analytics to improve SourceForge's insights about the open source development community and help SourceForge provide more relevant advertising.
As you see, Ohloh's services will continue to improve and expand - and gain a lot more exposure by being part of the SourceForge brand."
Founded in 2004, Ohloh raised about $1.7 million from angel investors Jeff Clavier, Paul Maritz, Larry Augustin and others.
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