Blackbaud to acquire Kintera

Share this content:

Blackbaud Inc., a software provider for nonprofit organizations, will acquire Kintera Inc. for $46 million.

Kintera offers a software-as-a-service solution to the nonprofit and government sectors that is used by organizations such as the American Lung Association, Big Brothers Big Sisters of America and Sesame Workshop to manage online fundraising events. It has approximately 4,000 customers and reported $44.9 million in revenue for 2007.   

“The online solutions of the two companies have historically served different segments of the market and this acquisition gives Blackbaud the ability to broaden its addressable market with proven and rich online product functionality,” said Marc Chardon, president and CEO at Blackbaud, in a statement.

Kintera will continue to be led by its current president and CEO, Richard LaBarbera, and its operations will continue to be directed from their existing offices in San Diego. 

close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above