Monday, March 17, 2008

Congratulations Bladelogic! announced today that it is acquiring Bladelogic for $28 per share, which values the company between $800 and $900 million.

Bladelogic was founded in 2001 by Dev Ittycheria, an EIR in our Massachusetts office. Prior, Dev had co-founded early SaaS pioneer Applica, which he sold handsomely to Breakaway Solutions.

Congratulations as well to my partner Bob Goodman, who continues to defy the bear market.
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