Advancement Services Report

Provided as a service of Bentz Whaley Flessner

Sunday, September 2, 2007

Blackbaud's Acquisition Of eTapestry

On August 6, 2007, Blackbaud announced that it has acquired privately-owned eTapestry for approximately $24.8 million, plus an additional amount of up to $1.5 million under a two-year stock-based performance incentive arrangement. Read Paul Clolery's article regarding the questions that are being asked by users and the tech community.

By Paul Clolery

When a company spends $90 million in two years, it tends to get tongues wagging. And there has been no shortage of opinions in the nonprofit technology community regarding the impact of the $24.8 million acquisition of online donor management and advocacy tool eTapestry by software giant Blackbaud.

Read more from the 9/1/2007 edition of The NonProfit Times.



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