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CollabNet Acquires Subversion Cloud Hosting Provider Codesion

CollabNet® has acquired Codesion™, Inc. (formerly CVSDude), which provides an enterprise-grade Subversion hosting platform and serves more than 3,400 customers and 70,000 users in 90 countries. CollabNet founded the Subversion open source project in 2000 and remains the project’s principal sponsor. Codesion’s provisioning technology delivers Subversion, Git, and other applications as a Software as a Service (SaaS) offering, helping developers to code, connect, and deploy in the Cloud. The acquisition marks an aggressive move by CollabNet into cross-platform, Cloud-based developer services. The terms of the deal are confidential.

“CollabNet’s acquisition is a natural fit for Codesion and our customer community,” said Guy Marion, chief executive officer, Codesion. “Our users were seeking version control training and best practices around Agile development, which is now available from CollabNet’s Subversion developers and Certified Scrum Trainers. A new workgroup-centric version of TeamForge now also provides a free, ‘one click’ upgrade path to CollabNet’s award-winning Agile ALM platform.” Codesion has maintained 32 consecutive quarters of revenue growth, with past quarter recurring revenues increasing 50% year on year.

CollabNet’s Codesion hosting services are available in Team, Professional, and Enterprise editions. Codesion enables developers to securely host and procure Subversion in the Cloud, integrate it with Trac, Basecamp, TeamForge, and more, and deploy directly to Cloud hosting providers such as Joyent and Amazon. As customers’ businesses or projects grow, they can add users on demand or instantly upgrade to ScrumWorks Pro and TeamForge, all in the same secure hosted environment. CollabNet will also continue to offer these products on-premise.

CollabNet also announced the immediate availability of CollabNet TeamForge Project™, an on-demand multi-tenant version of CollabNet TeamForge.

“Using APIs from Codesion and oDesk, we’ve been able to seamlessly offer Codesion’s easy-to-use and highly secure platform to the hundreds of thousands of software contractors in our marketplace,” said Gary Swart, chief executive officer, oDesk. “Now, with CollabNet, professional teams working on oDesk will have an easy on-ramp to an additional set of Agile development tools, training, and services to securely code and collaborate in the Cloud.”

“Development and Test Cloud services are disrupting historical software development practices,” said Bill Portelli, chief executive officer, CollabNet. “Our acquisition of Codesion builds on a ten-year history of offering developer services in the Cloud and extends our leadership in this critical area. We now offer instant-on hosting for Subversion, with an open architecture and partner ecosystem that enables workgroups to get started quickly with basic code hosting, with a seamless path to scalable Agile software development for the enterprise.”

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CollabNet Acquires Subversion Cloud Hosting Provider Codesion

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Corporations are transforming their business models in an attempt to increase revenue, operational efficiency and global competition by designing innovative business models and processes to be disruptive in their market space. In this keynote, recorded at Saltmarch Media's Business Technology Summit 2008, the Vice President of IBM's Global Solutions and Assets division says business leaders are looking for IT to provide and support the disruptive business models. However, the majority of IT's budget and resources are spent in maintenance leaving little time and resources for IT to be innovative and meet the business demands. In addition, many IT Corporations have adopted SOA in adhoc fashion and achieved some maturity in the technology. The key to aligning the IT objectives with the business objectives is a structured approach. Come hear about new ways to develop the required capabilities and prioritize the initiatives to create a Business and SOA transformation roadmap.

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CollabNet Acquires Subversion Cloud Hosting Provider Codesion

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