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March 12, 2007

Alter Way Buys Calliode2 For €2M - Open Source Rollup

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Boulogne Billancourt-based Alter Way has tapped its backers for €2M to acquire Calliode, an angel backed open source venture, the latests in its low-budget open source for small and medium sized businesses rollup.
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The Stylish Founders of Alter Way : Philippe Montarges and Véronique Torner

Founded last July with a 800K investment Alter Way has acquired Ingéniweb, open source content management with €1.3M in sales, and and Ecl ip's Software, Internet allocation and IP address management.

More small acquisitions by Alter Way are planned in Linux, Groupware, CRM, Sécurité and ERP.
Read - Alter Way press rel.

Posted on March 12, 2007 08:09 PM | Posted to News And Updates | Permalink

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