Black Duck Software marked its second best quarter ever, today announced the company, driven by new customer bookings, customer renewals and growth in all business units, including services – which saw a growth of 100 percent year after year – and distributor partnerships.
reserves in the second quarter increased 51 percent compared with the same period in 2009, reflecting a growing interest among IT managers in the management and control of open source as part of their development process from multiple sources. Black Duck products and support services to the managed use of open source enterprise scale.
Major renovations of clients including Intel and Cisco. The growth in licensing of new customers through the product line is complemented by 100 percent from Q2 ’10 to Q2 ’09 leap in Black Duck Professional Services business, including IP audits of merger and acquisition commitments.
The new clients include Vertex Software, Software, ATI (which recently agreed to be acquired by Google) and DataCert.
The exceptionally strong performance in the second quarter included new distribution alliances with the systems and services from Hitachi, Ltd. and Fujitsu Middleware Ltd., supporting the international expansion of Black Duck, which is designed to improve growing local presence overseas markets.
Second quarter 2010 highlights included:
* Named a Gartner “Cool Vendor” in Application Development. Black Duck was named to the prestigious “Cool Vendors in Application Development, 2010″ by Gartner, Inc. (1) The company was recognized for his role in the deployment of next-generation capabilities in several key areas of the life cycle development.
* Black Duck Enhancements Suite. Black Duck announced integration with Microsoft Visual Studio 2010. Designed for the active source code accessible to developers in Visual Studio, code search plug-in simplifies and allows greater reuse of internal codes and publicly available open source software, searching for more than three million lines of open source code are published in the Black Duck website sponsored Koders.com. T
Google Code Search the plug-in also seeking internal code (inside the corporate firewall) when used with Black Duck Code view.
* Name of SD Times 100. For the third consecutive year, Black Duck was recognized by the editors of SD Times as a leader, innovator and influence software development. Honored in the category of tools and frameworks, tools, Black Duck Software Development, including Black Duck Suite, was recognized for helping developers to find, select, validate and manage open source components in a development process from multiple sources.
* New customer growth. The company added 42 new customers in Q2, bringing rolls of clients to well over 700. New customers reflect the strength in the company’s business and technology focused organizations.
* Partnerships. Black Duck Partners expanded its program, adding key retailers Hitachi Systems and Services, Ltd. and Fujitsu Middleware Ltd.
“Black Duck products are key tools for organizations such as Intel to successfully manage and control open source their software development processes,” said Lisa Lambert, vice president of Intel Capital.
“As an investor in Black Duck, we are encouraged by the success in the market are shown in current operating results and look forward to working with Black Duck as it continues its current growth trajectory.”
“The new customers, renewals of clients and the expanded use of Black Duck Suite to manage the use of open source software across the entire life cycle of software development continues to fuel our growth,” said Tim Yeaton, Black Duck Software president and CEO.
“Mergers and acquisitions are increasing in all industries, the growing demand for IP audits mergers and acquisitions, where the Black Duck technical force in the identification and management automation and control open source software development environments, multi -source is critical.
This quarter is further evidence that companies increasingly understand how the managed use of fuels in open source software innovation and helps them gain strategic and competitive advantages.
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