Jelsoft Enterprises acquired by Internet Brands

Jelsoft Enterprises acquired by Internet Brands

Makers of the popular discussion forum software vBulletin, Jelsoft Enterprises Limited has been acquired by Internet Brands, Inc.

Internet Brands is a leading provider of automotive, travel and home-related sites and communities.

Jelsoft said in its announcement about the acquisition:

As part of a larger organization, with more than 500 employees, Jelsoft has access to additional resources, support and business expertise which will ensure that we can continue to grow and flourish. Products will continue to be actively developed and fully supported, and as time goes on you will begin to see noticeable changes and improvements that are made possible by being part of a larger organization.

Internet Brands’ intention is to focus on improving what we are doing at the moment, and that means significant investment in our software development, customer service and sales and marketing processes. Internet Brands is willing, able and ready to invest heavily in Jelsoft, not only to continue to offer the same great products to our existing market, but also to empower us to enter new markets and find new audiences for our products and services.

The day-to-day management of Jelsoft will continue largely unchanged. I will continue as Managing Director and CEO of Jelsoft, working alongside the executive team at Internet Brands. John Percival, co-founder of vBulletin, will be taking this opportunity to pursue other interests, and I’m sure you will join me in wishing him well and every success in the future.

Checkout: Jelsoft’s future: acquisition news