Jelsoft Acquired
 

As posted on vbulletin.com today ;

Boo!

This could be a good thing

I'm seeing price hikes in the near future.

Larger companies\corporations like to see LARGER profit margins and at the same time cut corners.

Exciting news .. this is a great day for the vBulletin community.

A large influx of money is always a good thing .. watch for some great things to happen.

really, i don't understand, the profile of the company is travel and cars :) ... but maybe a good thing.

all the best
beduino

thats as crazy as ebay buying stumbleupo.....wait...forget that :P

Hmmmm Let's see how things turn out. I really don't know what has been going on and don't certainly want to speculate, but I find it kind of odd that one of the co-founders of VBulletin decided to seek other "interests" right at the time when this acquisition takes place.

Oh well, I could just be trying to see beyond what is being portrayed to the public. Let's just hope things work out and we don't see a price hike in the near future.

wtf!!

That's all I have to say. :p

Death of another great product by the corporate engine of greed.

_V

Too early to tell, but will keep one eye open at all times. :)

Meh! I would of done the same thing. That is the point, is to make something so appealing that someone will buy it. It is not like it was a family business, that would be harder to let go.

I don't see why a price hike would come of this ?

Expanding!
/me watches jelsoft buildings go up

If they increase software price, then more people tend to be stand offish or seek other bulletin board scripts. I hope they do not dump simple addons on us, but it should make it easier for member(s) here to actually be part of Staff and on the other hand of that, you might not see any lite(free) addons if full is available for purchase.

This will be a good thing for talented coder(s) of other countries to get reconized, hopefully.

Good luck to you guys. Just don't destroy VB. Above all, don't tamper with the immense trust placed in it by a vast customer base. VB has goodwill, so much that it is unquantifiable in monetary terms. It took years of dedicated attention to the customer's point of view to build this up. Don't destroy it pls.

lets see... I have my doubts about this. But as someone said, its too early to say!

Now lets wait we get new scripts, additions, etc.

make an official SEO plugin for vBulletin, also keep on the development of vb blogs, etc.

Add the most popular MODS to the next vBulletin release.

We are going to see an increase in price, not right away, but it will come. If anything, on paper, they need to show a positive increase in revenue over the next 12 months to make it appear as though it was a good purchase. They will increase the value of VB on paper, make the portfolio they have even better, and it will make IB a more valuable company. What better way to quickly do this than a price hike.

They bought VB out for a lot of reasons. Clearly, it's to make the footprint IB has even larger. Not only do they run some large sites (many of which use VB) they also now "Power" thousands of other sites. They will easily be able to purchase some of these large VB sites that are privately ran and this will come in the future.

Part of me is excited that we have the backing of IB. They have done some amazing things but the other half of me says "OH NO!". Clearly, they have some amazing talent on the development team for IB now. I would assume some of this talent would go to work on projects they currently have or websites they currently run. In doing so I can only hope focus isn't lost on VB.

Time will only tell!

I see no real reason to increase the price for main script, it will not make any bussiness since. Addons are what make money and it is seen in every product.

i.e.: xBox with main core and addons
i.e. PS3 main {over priced release} = low sales

i.e. Microsoft Vista: several versions and bloated with useless spftware - They should of had Core and add what you want. That is what makes money everytime.

OMG :confused::eek:

(I posted this on vB.com)
Thank you, that was one of my main concerns....

Here is a bit more info for those who don't know:

They could have waited for me to get rich and buy it, and keep a free community for all of us...
those are my legitimate worries: Free & Quality :D

Seriously, I own a Corporation called FREEDOM OF INFORMATION ACT, Inc, a little bit of time and that would have been perfect... but I can't think of another thing, that as in business they have to raise the prices in order to recover their investment...

I've worked with large companies before... they tend to not be so concerned with customers... but they sure know how to make customers believe otherwise :(

Agree.

Can we atleast see a dollar sign?

This is when buisnesses screw up. They start to put money before ideas, and most importantly, their customers.

i agree...

All good things must come to a end.

Show me one or two examples of something good being bought out by a larger coperation, and then remaining good.

The thing that is odd here, is not that Jelsoft has been bought out, but the fact that a company which has ZERO experience, or what it seems business on the internet software(ie forums) side of things bought them. This is going to lead confusion, hysteria, and global warming for sure.

And if vBulletin no longer exists in its current form in 2 years, i wouldn't be surprised.

Only time will tell what happens to this great piece of software....

Congrats!!

I hope very PERSONAL support continues and that resources and time aren't just sucked into the blackhole of "corporate restructing" etc.

hopefully and ideally... it will lead to faster and more robust updates and product and evn more timely customer support. hopefully. :)

time will tell...but for now..
CONGRATULATION and best to all of vbTeam!! (how many of you are vested? lol ;):p)

Time will tell, hope all goes well

Microsoft investing hundreds of millions into Apple Computer Inc. in the mid-90s to prevent the company from going into bankruptcy and closing.

Apple buying out the creative inventor of the iPod and selling it to the masses. Without the Apple buyout, you probably wouldn't even have an iPod today.

Google purchasing Blogger and Youtube. Both services have expanded and provide more options to users now.

Hewlett Packard's purchase of Compaq computers which increased the features available on their computers and the quality while lowering prices for consumers across the board.

Disney Studios purchase of ABC to provide a wider range of offerings to customers around the world.

Adelphia's buyout by Time Warner which brought lower prices and more selection to millions of customers.

You win.

*cringes* I hope tis works out, although wondering how this will effect those of us with commercial hacks for vbulletin.

I did not know that Microsoft did that? I thought it was cause Steve Jobs leaving and creating his own computer company and 'NeXT' the computer that was suppose to bring down Apple. I still have a dozen Black 21in monitors and they still work till this day.

I just had to change the power cord and place an vga adapter to work on P.C. computers.

Not cool :/

1. Microsoft gave apple money, they didnt buy apple. Thus making that statement an incorrect answer to his question.

2. iPods are crap, they are made to cheaply, screen scratches, batteries die after 2-3 years and its impossible to get some good support.

3. Blogger is for noobs, as is a free forum host. Most people these days that want quality, no adds forced apon them and the customisation they want themself will purchase and host professionally. Also with their YouTube, i pefered the old layout much better then the new beta layout for the viewing of videos and the search results. Also Youtube are deleting alot of videos that should be deleted, for example videos against religion. How is that fair for people to say how good religion is but we are not allowed to say the bad things about it.

4. HP are very cheap, only a few hundred dollars for an extremly low spec machine. You can even buy them at Target. You are mad to purchase one.

5. ABC is nothing but documentary's, cooking and kid shows, i goto school for that crap.

6. I dont even know what Adelphia is.

The morral is, we use a product and a company because we like the product and the company, the way it is. We donot throw our money at you to make large changes as this. And dont say its not large, because it is. vBulletin is worth over hundreds of thousands, if not more, with the money you guys pull in.

I agree. When one company takes another company over, they tend to be greedy and have prices skyrocket through the roof. If that is the case, then I might not renew my license. We'll see what happens.

I bought 3 IPB licenses for my forums because of this. Just incase.

Wtf? Are you a mad man? Thats friggen crazy! You just spent almost 300$ on something your not even certain on!?!?!

He post this same over at vBulletin.com :)

http://www.vbulletin.com/forum/showp...&postcount=134


I am glad the owner got his baby bought, as this is what most creators of anything on the net would love to have. He probable wish Microsoft & Google would of been in a bidding war over his script.

Gee, I wish if I live in the UK where I could work for Jelsoft and make it to the top. =[