Source: CMS WIRE

Ektron: Who Wins, Loses in Ektron-EPiServer Web CMS Merger?

The merger between Ektron and EPiServer announced Tuesday forms a tech alliance that could compete with web content management system giants like Adobe and Sitecore, according to industry analysts.Or, as one analyst said, it could be "another venture capitalist effort to milk software license maintenance revenues out of an ailing vendor.""It's not the first time we've seen a struggling software vendor taking a private equity bailout," Boston-based Nucleus Research Vice President Rebecca Wettemann told CMSWire after Accel-KKR's bought Nashua, N.H.-based Ektron last month.Days later, the investment firm bought Stockholm-based EPiServer. This week, it confirmed reports it was merging the entities.Ektron customers "at least they have a clearer view of where the company actually stands," Wettemann said, adding that the first 90 days will be critical to both customer bases as the new executive team lays out its strategy.Read full story...Follow us on Twitter Join free newsletter View upcoming events Find a new job

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Est. Annual Revenue
$5.0-25M
Est. Employees
250-500
Mark Duffell's photo - President & CEO of Ektron, Inc.

President & CEO

Mark Duffell

CEO Approval Rating

63/100

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