Black Duck Software Named to Software Magazine's 30th Annual Software 500
Software Magazine Ranks Black Duck as one of the World's Largest and Fastest Growing Software Companies
BURLINGTON, Mass., Sept. 20, 2012 /PRNewswire/ -- Black Duck Software today announced its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 30th year.
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Helping developers build better software faster by harnessing the power of open source, Black Duck was ranked 383, moving up 23 spots from its 2011 ranking. The company also ranked in the top ten for revenue growth of all 500 companies.
"We're honored to be included in the Software 500, a benchmark for the software industry, for the fourth consecutive year," said Tim Yeaton, President and CEO, Black Duck. "Black Duck has grown rapidly over the past four years, and we're thrilled to be included among the industry's best software companies."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.
"The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 17 percent growth from the previous year's list," says John P. Desmond, editor, Software Magazine.
The ranking is based on total worldwide software and services revenue for 2011. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by Rockport Custom Publishing, LLC. and posted at www.softwaremag.com, as well as from public documents.
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high-tech industry for more than 36 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing.
Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.
About Black Duck
Offering award-winning software and consulting, Black Duck is the partner of choice for open source software adoption, governance and management. Enterprises of every size depend on Black Duck to harness the power of open source technologies and methods. As part of the greater OSS community, Black Duck connects developers to comprehensive OSS resources through Ohloh.net, and to the latest commentary from industry experts through the Open Source Delivers blog. Black Duck also hosts the Open Source Think Tank, an international event where thought leaders collaborate on the future of open source. Black Duck is headquartered near Boston and has offices in San Mateo, St. Louis, London, Paris, Frankfurt, Hong Kong, Tokyo, Seoul and Beijing. For more information about how to leverage open source to deliver faster innovation, greater creativity and improved efficiency, visit www.blackducksoftware.com and follow us at @black_duck_sw.
SOURCE Black Duck
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