Convio to Acquire GetActive Software
AUSTIN, TEXAS (January 17, 2007) Convio, Inc. – a leading provider of online constituent relationship management solutions (eCRM) for nonprofit organizations – today announced that it has executed a definitive agreement to acquire GetActive Software, Inc.
Convio and GetActive are widely recognized as the two foremost eCRM software and services vendors within the nonprofit sector. The acquisition is expected to significantly strengthen Convio’s ability to provide the most innovative Internet solutions that help nonprofit organizations build high-impact fundraising, marketing and advocacy campaigns. Terms of the transaction were not disclosed. The acquisition is expected to close by the end of the first quarter of 2007.
“This combination will bring together two great companies, each of which has a deep commitment to serving the nonprofit sector,” said Gene Austin, CEO of Convio, Inc. “Convio and GetActive have always focused on providing nonprofits with the most advanced Internet solutions for developing strong constituent relationships and driving support. Now, we believe our customers will be even better equipped to realize the potential of the Internet for fundraising, advocacy and outreach.”
The acquisition will enable Convio to offer the most complete set of Internet solutions available that are specifically designed for nonprofits, associations and institutions of higher education. Convio plans to leverage GetActive’s strong expertise in advocacy, its highly regarded content management platform, as well as the company’s strong services operation based in Washington, D.C. The combined company will serve more than 1,400 customers.
Customers of the combined company also are expected to benefit from Convio’s industry-leading eCRM technology and expertise in online fundraising and marketing. Since the company’s founding in 1999, Convio customers collectively have raised more than $500 million online.
“Teaming up with Convio means that we will be able to provide even more benefits to GetActive clients and a growing number of nonprofit organizations, as well as accelerate the development of new product functionality,” said Sheeraz Haji, CEO, GetActive Software. “It will be great to be a part of a company that is leading the effort to deliver Internet solutions to help organizations strengthen their relationships with constituents, drive stronger advocacy and fundraising campaigns, and achieve greater mission fulfillment.”