Enterprise

Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash

Enterprise /

Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration platform, for $8.4 billion in cash. The private equity firms say that the deal values publicly traded Smartsheet’s shares at a 41% premium over its 90-day average closing share price. Should regulators and shareholders approve it, shareholders would receive approximately […]

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WP Engine sends cease-and-desist letter to Automattic over Mullenweg’s comments

Enterprise /

WordPress hosting service WP Engine on Monday sent a cease-and-desist letter to Automattic after the latter’s CEO Matt Mullenweg called WP Engine a “cancer to WordPress” last week. The notice asks Automattic and Mullenweg to retract their comments and stop making statements against the company. Today WP Engine sent what is called a “cease and

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Matt Mullenweg calls WP Engine a ‘cancer to WordPress’ and urges community to switch providers

Enterprise /

Automattic CEO and WordPress co-creator Matt Mullenweg unleashed a scathing attack on a rival firm this week, calling WP Engine a “cancer to WordPress.” Mullenweg criticized the company — which has been commercializing the open source WordPress project since 2010 — for profiteering without giving much back, while also disabling key features that make WordPress

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Linus Torvalds explains why aging Linux developers are a good thing

Enterprise /

Linux’s luminary linchpin, Linus Torvalds, says that despite longstanding reports of burnout in the open source software development realm, Linux is as strong as ever — though he acknowledges his project is perhaps something of an outlier due to its scale and scope. Speaking to Verizon’s head of open source Dirk Hohndel at the Linux

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Some startups are going ‘fair source’ to avoid the pitfalls of open source licensing

Enterprise /

With the perennial tensions between proprietary and open source software (OSS) unlikely to end anytime soon, a $3 billion startup is throwing its weight behind a new licensing paradigm — one that’s designed to bridge the open and proprietary worlds, replete with new definition, terminology, and governance model. Developer software company Sentry recently introduced a

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Virtuous, a fundraising CRM for nonprofits, raises $100M from Susquehanna Growth Equity

Enterprise /

I recently adopted a kitten from a local animal shelter. The modern, well-staffed three-story facility relies almost entirely on donations to operate. It’s just one of the 1.8 million nonprofits in the U.S. that need to continually solicit contributions from donors to maintain its services. But Virtuous founder and CEO Gabe Cooper says that many

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