The Nonprofit Matrix is an online directory and guide to Application Service Providers (ASPs) and portals offering web-based services for nonprofits and charities.
Blackbaud acquires eTapestry
Blackbaud has announced the acquisition of the eTapesty on-demand database service in the second major shakeup of the online software-as-service market. This year has already seen the acquisition of online advocacy service GetActive by Software-as-service giant Convio.
According Marc Chardon, Blackbaud’s Chief Technical Officer, “From a long-term perspective, we believe that Software-as-a-Service offerings in the nonprofit sector will grow in importance. With the acquisition of eTapestry, we have positioned Blackbaud to participate in an early-stage, high-growth trend with a company that has a proven solution, customer base and growth track record.
The official announcement on Blackbaud’s website states that eTapestry will continue to operate as a subsidiary of Blackbaud, with co-founder and CEO Jay Love remaining at the helm.
Posted by irishg on August 7th, 2007 at 10:12am
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