.NET Component Market Consolidates with GrapeCity's ComponentOne Acquisition
At a pre-TechEd event in Orlando, Fla. on Sunday, .NET solution vendor and Microsoft partner GrapeCity announced that it has acquired .NET component and tool vendor ComponentOne.
ComponentOne will now be referred to as "a division of Grape City." The resulting company will have more than 850 employees, according an announcement on the ComponentOne Web site. Financial details of the acquisition were not disclosed.
"The acquisition of ComponentOne by GrapeCity will position the company as the forerunner in the Visual Studio industry," the announcement quotes Rick Williamson, General Manager at GrapeCity, as saying. "Past, current, and new clients will benefit from the company's ability to deliver the most innovative tools for varying platforms and the best performance and user experience on the market."
A list of ComponentOne's product lineup is available here. GrapeCity's products can be found here.
GrapeCity was founded in 1980. According to the companies, GrapeCity and ComponentOne partnered on various projects since 1994.
More information on GrapeCity can be found on the company's Web site, here.
Becky Nagel is the director of online media for 1105's Enterprise Computing Group and executive editor for several of its sites, including Redmondmag.com and ADTmag.com. Contact her via e-mail or follow her on twitter at @beckynagel.