VA Software Corporation Announces Name Change to SourceForge, Inc.
FREMONT, Calif., May 24 /PRNewswire-FirstCall/ — VA Software Corporation (Nasdaq: LNUX), the online media and e-commerce leader in community-driven open source innovation, today announced it has changed its name to SourceForge, Inc. The change reflects the company’s strategic focus on its network of Web properties following the disposition of its enterprise software business. The company’s Nasdaq ticker symbol will remain the same.
The SourceForge(R) network includes media sites Slashdot(R), Linux.com, ITManagersJournal, freshmeat(R), and NewsForge. The network is also home to SourceForge.net(R), the world’s largest distribution and development platform for Open Source projects, and ThinkGeek(R) one of the leading online retailers for innovative technology products.
“The technology market was built on the power of community,” said Ali Jenab, president and CEO of SourceForge, Inc. “SourceForge is a trusted brand for those on the front lines of innovation. Renaming the company around the SourceForge brand allows us to focus our energy and resources on building an ever stronger business around what we believe are the most passionate communities in any industry.”
The media industry continues to shift to a publishing model built on community-generated content and interaction, a model SourceForge, Inc. pioneered in the late 1990s. Advertisers are increasingly embracing this model and recognizing the unique role SourceForge, Inc. plays as a connector for the tech community. The global technology community that SourceForge, Inc. and its online network of Web properties bring together represents the leading edge of community-driven content and collaboration and the most influential IT buyers. The company’s evolution is consistent with both its founding principles and the future of the Web.
“We’re at the right place at the right time and we’re doing the right things,” said Jenab.
Read more: LXer