SME market is target following WANdisco’s product purchase

SOFTWARE business WANdisco has paid $1m for a product from German software company Syntevo.

Launched in 2005, SmartSVN has been adopted by software developers across more than 2,500 companies. 

Versions of SmartSVN are available for Windows, Linux, Unix and Mac OS X operating systems.

David Richards, WANdisco’s chairman and chief executive, said: “I am delighted that we have completed the agreement to purchase SmartSVN. It is proven in the marketplace and the feedback from our existing customers who have used it for years has been excellent. 

“Traditionally our products have been used by large global IT organizations to enable their Subversion servers to perform and scale with 24/7 availability. 

“Our primary users have been the Subversion system administrators who maintain the servers in these organisations.

“Now SmartSVN will enable us to broaden out our solution stack to reach Subversion’s millions of end-users, as well as enable us to embolden our efforts to target the important SME market.
 
Sheffield and California-based WANdisco believes the purchase will allow cross-selling to be made between SmartSVN’s users and WANdisco’s product lines.
 
Earlier this year, WANdisco became the first Yorkshire company to float on the London Stock Exchange in two years.