Forbes

Blackbaud Completes Acquisition of Convio
May 7, 2012

Charleston, S.C. (May 7, 2012) - Blackbaud today announced that it has completed its acquisition of Convio, a leading provider of on-demand constituent engagement solutions. Under the terms of the merger agreement, Blackbaud paid an aggregate purchase price of approximately $325 million. Blackbaud financed the deal through a combination of cash and borrowings from its credit facility.

Blackbaud and TechSoup Expand Partnership
April 13, 2012

Blackbaud, Inc. and TechSoup today announced that they are expanding their existing partnership through new webinars, donations and discounts, and with an additional focus on the technology needs of small nonprofits. The organizations launched a survey at www.blackbaud.com/techsurvey seeking feedback from small nonprofits with annual revenues of less than $1 million on their technology needs. The survey will remain open until April 25 and results will be available this summer.