The NonProfit Times - The Leading Business Publication For Nonprofit Management: "Blackbaud Spends $46 Million On Kintera
By Paul Clolery and Mark Hrywna
The buying spree of software vendor Blackbaud continues with the $46-million cash acquisition of troubled Software-as-a-Service (SaaS) provider Kintera. During the past 18 months, Charleston, S.C.-based Blackbaud has spent more than $130 million to tighten its grip on the nonprofit software space.
The acquisition of San Diego-based Kintera bolsters a major segment of Blackbaud’s product line, the online content management and deployment Sphere® technology platform, which has a significant market share. Blackbaud has NetCommunity™, but it hasn’t gained the wide acceptance by users that Kintera and Austin, Texas-based Convio have garnered."
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