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CollabNet Acquires VersionOne for Undisclosed Sum

Lifecycle management solution provider CollabNet Acquires VersionOne for Undisclosed Sum

Application lifecycle management solutions provider CollabNet announced that it has acquired software startup VersionOne. Financial terms of the deal were not disclosed.

VersionOne is an Atlanta-based provider of enterprise project and lifecycle management solutions for agile development. A recognized leader, it creates a single, synchronized environment with integrated support and visibility for  all project stakeholders, saving organizations the cost and hassle of purchasing and integrating multiple products. The VersionOne platform offers more than 50 pre-packaged best practice agile metrics, reports, and executive dashboards, as well as more than 45 pre-built integration connectors. With VersionOne’s right-sized product edition, customers can easily scale across as many projects, teams and locations, without having to learn a new tool.