Acquisitions and Mergers are not new to the business world or to the technology world but today's major acquisition of two nonprofit centric companies brings the topic to the forefront again.
"Charleston, S.C. – May 29, 2008 – Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it is acquiring Kintera, Inc. (NASDAQ: KNTA), a pioneer and leading provider of a Software as a Service (SaaS) solution to the nonprofit and government sectors."- http://www.blackbaud.com/default.aspx?pgpId=2531&PRID=260
This acquisition highlights the importance of moving applications to the Internet for greater access and mobility but it also shows that the bigger will eat the big and the faster will eat the fast in our economy.
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