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View Full Version : Jelsoft Sold


Tyler
07-04-2007, 02:36 PM
Dear vBulletin customers,

We are pleased to announce that Jelsoft Enterprises Limited has been acquired by Internet Brands, Inc., a leading provider of automotive, travel and home-related sites and communities.

As part of a larger organisation, with more than 500 employees, Jelsoft has access to additional resources, support and business expertise which will ensure that we can continue to grow and flourish. Products will continue to be actively developed and fully supported, and as time goes on you will begin to see noticeable changes and improvements that are made possible by being part of a larger organisation.

Internet Brands' intention is to focus on improving what we are doing at the moment, and that means significant investment in our software development, customer service and sales and marketing processes. Internet Brands is willing, able and ready to invest heavily in Jelsoft, not only to continue to offer the same great products to our existing market, but also to empower us to enter new markets and find new audiences for our products and services.

The day-to-day management of Jelsoft will continue largely unchanged. I will continue as Managing Director and CEO of Jelsoft, working alongside the executive team at Internet Brands. John Percival, co-founder of vBulletin, will be taking this opportunity to pursue other interests, and I’m sure you will join me in wishing him well and every success in the future.

I'm really excited about this news, and feel strongly that it was a great decision for the company and our customers. Jelsoft has achieved significant success over the last few years, and before we officially move into this new era, I'd like to offer my sincere thanks to all customers who have supported Jelsoft and vBulletin - It is your continuous support and loyalty that has enabled vBulletin to become a market leader in community solutions. Rest assured that, with the help and resources of Internet Brands, we will continue to work hard to produce products that are innovative, feature-rich and forward-looking.

Again, thank you.

All the best,

James Limm, and the Jelsoft team

http://www.vbulletin.com/forum/showthread.php?p=1383883

Thoughts? Comments?

DavidL
07-04-2007, 03:22 PM
I see this as a good thing and will be invisible to some. But, there will be those who find this very dramatic and say they are never ever going to use another Jelsoft product again, once that bandwagon forms.

SoftWareRevue
07-04-2007, 04:52 PM
TETT

It's too early to tell if this is a good or bad thing.

I wouldn't anticipate much change one way or the other.

We'll see.

Scott
07-04-2007, 05:13 PM
Sounds like they'll be looking into new products more than totally changing vB.

Bit of an unusual company to buy it though, doesn't seem to fit in to their "cars, real estate, mortgages, and travel" scope.

adb22791
07-06-2007, 11:51 AM
Sounds like they'll be looking into new products more than totally changing vB.

Bit of an unusual company to buy it though, doesn't seem to fit in to their "cars, real estate, mortgages, and travel" scope.

They've apparently been on a buying spree. Before they were mostly buying up large communities, but it appears now they've bought the software that powers their communities.

It's interesting, since this buying of Jelsoft has caused a little revolt at vbulletin.org. Coders don't want to code anymore because they think their code is going to be used to market vBulletin, and that all their work to help the community is now going to be some companies free marketing tool. Who knows...


Alex

KimmiKat
07-08-2007, 02:32 AM
There was an item on one of the tech shows on TV about 2 months ago about Internet Brands and it wasn't a very good review. I had 3 license at one time and since sold 2 and gave the 3rd to my cousin after a dispute with one of the vB staff...

New Times Article about IB (http://www.nytimes.com/2006/06/26/technology/26ecom.html?ex=1308974400&en=f7ed5438875f822f&ei=5088&partner=rssnyt&emc=rss)