Blackbaud Software Company Buys a Struggling Competitor - Philanthropy.com

Blackbaud Software Company Buys a Struggling Competitor - Philanthropy.com: "Blackbaud Software Company Buys a Struggling Competitor

By Holly Hall

Blackbaud, the nation’s largest provider of fund-raising software to charities, today announced that it will acquire Kintera, a San Diego software company makes similar software. Blackbaud, which plans an all-cash purchase, will pay $46-million in the buyout, or $1.12 per share for Kintera’s stock."