Purchase of TortoiseSVN.Net Community Website

RNS Number : 9329G

WANdisco Plc

13 June 2013

 



WANdisco plc

("WANdisco" or the "Company")

Purchase of TortoiseSVN.Net Community Website

-WANdisco acquires TortoiseSVN.Net Community Website, home to the number one Subversion client used by millions of software developers to expand addressable market-

-TortoiseSVN Project Leader joins WANdisco to further enhance award-winning Subversion client software for Windows-

Sheffield, UK - June 13, 2013 - WANdisco (LSE: WAND), a provider of high-availability software for global enterprises to meet the challenges of Big Data and distributed software development, announces that it has acquired TortoiseSVN.net, the website for TortoiseSVN, the award-winning open source Subversion client software for Windows with millions of users, for a nominal fee.

TortoiseSVN.net attracts over 500,000 unique visitors each month and supports over five million downloads each year, making it the most popular Subversion client for enterprises that typically have Windows desktops, including many of the company's current customers.  The website is considered as one of the most popular among software engineers and allows WANdisco to immediately target a significantly expanded online audience consisting of potential customers for WANdisco's paid Subversion products and services.

As part of the arrangement, Stefan Küng, the lead developer for TortoiseSVN, will join the company to support and enhance the software, ensuring its viability into the future.

Stefan has been the lead developer for TortoiseSVN since the start of the project. In addition to his open source work, Stefan has held senior positions in software and hardware design and engineering. He holds a Master's Degree in Electrical Engineering from the Federal Institute of Technology in Zurich, Switzerland and is fluent in both German and English.

The terms of the transaction were not disclosed.

Commenting on the purchase, WANdisco Chairman and CEO, David Richards, said:

"TortoiseSVN is one of the most popular client applications for software developers. WANdisco has been a major contributor to the TortoiseSVN project since 2010 and with Stefan Küng's expertise, we can ensure this popular open source project continues to thrive with quality support and new features users are looking for."

Commenting on joining the WANdisco team, Stefan Küng, said:

"I am very pleased to be joining WANdisco. WANdisco has an incredibly talented team of senior committers and customers with the largest Subversion implementations in the world. I believe WANdisco's considerable resources and expertise will guarantee the ongoing success of TortoiseSVN."

About TortoiseSVN

TortoiseSVN is an award-winning Subversion client, implemented as a Microsoft Windows shell extension, and it can be integrated into Microsoft Visual Studio. It is free software released under the GNU General Public License. In 2007, TortoiseSVN won the SourceForge.net Community Choice Award for Best Tool or Utility for Developers.

About Subversion

Subversion (SVN) is a version control system initiated in 2000. It is used to maintain current and historical versions of files such as source code, web pages, and documentation. Its goal is to be a mostly-compatible successor to the widely used Concurrent Versions System (CVS). In a 2007 report by Forrester Research, Subversion was recognized as the sole leader in the Standalone Software Configuration Management (SCM) category and a strong performer in the Software Configuration and Change Management (SCCM) category. Subversion is released under the Apache License, making it free software.

About WANdisco
WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and availability. WANdisco's products are differentiated by the company's patented, active-active data replication technology, serving crucial high availability (HA) requirements, including Hadoop Big Data and Application Lifecycle Management (ALM). Fortune Global 1000 companies, including AT&T, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.

Subversion is a trademark of the Apache Software Foundation. All other product and company names may be trademarks of their registered owners.

For further information please contact:

WANdisco plc:
David Richards, Chairman and Chief Executive Officer	via FTI Consulting
Nick Parker, Chief Financial Officer
FTI Consulting:	[phone]
Matt Dixon / Sophie McMillan / Jon Snowball / Roger Newby
Panmure Gordon & Co.	[phone]
Fred Walsh / Grishma Patel / Ben Roberts (Investment Banking)
Adam Pollock / Charles Leigh-Pemberton (Corporate Broking)

 

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