Here is the press release:
DotNetNuke Corp. Acquires Snowcovered
DotNetNuke Corp. Acquires Snowcovered
Acquisition to Increase Synergy Between the DotNetNuke Platform and Third-Party Software Extensions to Benefit End Users
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SAN MATEO, CA--(eMediaWorld - August 27, 2009) - DotNetNuke Corp., the most widely
adopted framework for building web sites and web applications on Microsoft
.NET, today announced the acquisition of Snowcovered, the
premier online market for DotNetNuke modules, skins, services and related
products. The union will create closer ties between the DotNetNuke platform
and the Snowcovered online library of third party extensions which will
enrich the DotNetNuke ecosystem and provide substantial business
opportunities for independent software vendors and the users they serve.
News Highlights
-- The union between Snowcovered and DotNetNuke Corp. benefits the
DotNetNuke commercial ecosystem by increasing access to a robust
marketplace where users can access over 6,000 DotNetNuke framework
extensions available for success. Snowcovered has successfully established
substantial monthly web traffic to its site, driving demand for DotNetNuke
modules and skins and providing DotNetNuke software ISVs with visibility
and business opportunities.
-- As a subsidiary of DotNetNuke Corp., the Snowcovered business model will
remain the same, allowing independent software vendors to post, sell, and
support their software extensions online.
-- Snowcovered founder and CEO, Brice Snow, will take on the role of
Business Advisor at DotNetNuke and will remain a steward of the Snowcovered
marketplace initiatives, in addition to advising DotNetNuke Corp. on
additional business opportunities.
-- DotNetNuke will gradually phase out the DotNetNuke Marketplace over
the next few months. Current DotNetNuke Marketplace vendors can create a
Snowcovered account and move their offerings to Snowcovered during the
transition period.
-- DotNetNuke Corp. has been an effective steward for the DotNetNuke open
source project and helped drive the growth of the DotNetNuke platform and
ecosystem which currently consists of more than 700,000 members.
Quotes
Navin Nagiah, President and CEO of DotNetNuke Corp.:
"Bringing Snowcovered into the DotNetNuke Corp. fold is a strategic move
that will provide new opportunities to increase the value provided by both
the DotNetNuke platform and the Snowcovered marketplace. This alignment
will help increase the market reach of module and skin vendors. It will
also make a wider variety of modules and skins more accessible to our user
base."
Brice Snow, Founder and CEO, Snowcovered:
"I'm confident that combining the thriving Snowcovered marketplace with the
vibrant DotNetNuke platform will enrich the DotNetNuke ecosystem. I look
forward to rolling up my sleeves as a member of the DotNetNuke Corp. team
and continuing my deep involvement with the DotNetNuke commercial
ecosystem."
Resources
Snowcovered Acquisition FAQs