Git might look like it’s the one model management system on the market typically. And whereas it’s undoubtedly the preferred choice proper now, competing applied sciences like Subversion and Mercurial nonetheless have their justifiable share of customers, particularly within the enterprise. It’s perhaps no shock then that Assembla, which presents a model management service for the enterprise with a robust give attention to Subversion, at present introduced that it has acquired Cornerstone, some of the in style Subversion shoppers for MacOS.
Assembla acquired Cornerstone, in addition to Zennaware, the corporate behind the product. Zennaware first launched Cornerstone again in 2008 and Assembla will proceed to sell and develop the shopper and plans to launch model four.zero within the coming months. The monetary particulars of the transaction stay undisclosed.
“We’re investing in the way forward for Cornerstone,” Assembla CEO Paul Lynch writes at present. “By no means wishing to face nonetheless, it’s our plan to take the important thing enhancements we’ve made in each Subversion and the Assembla net app, and convey them to the already wonderful Cornerstone desktop app. We’re working to enhance your interactions and workflows round your repositories and your knowledge typically.”
Assembla itself was acquired by Scaleworks in 2016. The general thesis behind Scaleworks, which is actually a hybrid enterprise capital fund/personal fairness play, is to assist companies transfer to the subsequent degree after they’ve hit a plateau of their progress. Earlier than being acquired by Scaleworks, Assembla was taking a look at flat growth. Since then, although, the corporate has doubled gross sales, largely because of its new-discovered give attention to the enterprise — and this acquisition clearly exhibits that the corporate plans to comply with this trajectory.
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