SourceForge Announces Definitive Agreement to Acquire Ohloh Corporation
"We expect the acquisition of Ohloh and the integration of its technology to significantly improve our insights about the open source development community and our ability to target advertising," said
Ohloh, founded in 2004, is the largest directory of open source projects and developers. The company's technology crawls approximately 3,500 open source forges and gathers data on more than 300,000 open source projects and 300,000 open source developers. Ohloh also tracks open source activity through community-enabled services on its site and provides data to leading technology companies.
"We have long held SourceForge in high regard," said
SourceForge's media and e-commerce web sites connect millions of influential technology professionals and enthusiasts each day. Combining user-developed content and e-commerce, SourceForge is the global technology community's nexus for information exchange, goods for geeks, and open source software distribution and services. SourceForge's network of web sites serves 34 million unique visitors each month* and includes: SourceForge.net, Slashdot, ThinkGeek and freshmeat.net. For more information or to view our media kit online, visit www.sourceforge.com. (*Source: Google Analytics and Omniture,
SourceForge, SourceForge.net, Slashdot, freshmeat, and ThinkGeek are registered trademarks of SourceForge, Inc. in
Ohloh, based in
NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations, and involve risks and uncertainties. Forward-looking statements contained herein include statements regarding SourceForge's acquisition and integration of the Ohloh Corporation. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including: SourceForge's ability to successfully complete the acquisition of Ohloh Corporation and to integrate Ohloh's technology and employees into SourceForge following the closing. Investors should consult SourceForge's filings with the Securities and Exchange Commission, www.sec.gov, including the risk factors section of its Annual Report on Form 10-K for the fiscal year ended
SOURCE SourceForge, Inc.
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