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Acquisition of Worldwide Scrum Project Management Leader Uniquely Positions Collabnet to Lead the Agile ALM Market

LONDON/BRISBANE, Calif., Feb. 22, 2010—CollabNet, the leader in Agile application lifecycle management (Agile ALM), announced today that it has acquired Danube, the worldwide leader in Scrum project management solutions. Danube offers the industry-leading ScrumWorks Pro software for Agile project and program management and provides training, certification, coaching, and consulting services to organizations implementing Agile. The Danube acquisition uniquely positions CollabNet as a leader in the emerging Agile ALM market. CollabNet and Danube assist more software development teams with collaborative, distributed, and Agile ALM projects than any other company in the world. The terms of the deal are confidential.
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