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.NET Vendor ComponentOne Acquired by GrapeCity

New combined company will have more than 850 employees.

At a pre-TechEd event in Orlando, Florida on Sunday, .NET solution vendor and Microsoft partner GrapeCity announced that it has acquired .NET component and tool vendor ComponentOne.

ComponentOne will now be referred to as "a division of Grape City." The resulting company will have more than 850 employees, according an announcement on the ComponentOne Web site. Financial details of the acquisition were not disclosed.

"The acquisition of ComponentOne by GrapeCity will position the company as the forerunner in the Visual Studio industry," the announcement quotes Rick Williamson, General Manager at GrapeCity, as saying. "Past, current, and new clients will benefit from the company’s ability to deliver the most innovative tools for varying platforms and the best performance and user experience on the market."

A list of ComponentOne's product lineup is available here. GrapeCity's products can be found here.

"With products available on every known platform including .NET, iPhone, Windows Phone, and JavaScript, ComponentOne...is now poised to dominate the component market," Williamson said.

GrapeCity was founded in 1980. According to the companies, GrapeCity and ComponentOne partnered on various projects since 1994.

More information on GrapeCity can be found on the company's Web site, here.

About the Author

Becky Nagel serves as vice president of AI for 1105 Media specializing in developing media, events and training for companies around AI and generative AI technology. She also regularly writes and reports on AI news, and is the founding editor of PureAI.com. She's the author of "ChatGPT Prompt 101 Guide for Business Users" and other popular AI resources with a real-world business perspective. She regularly speaks, writes and develops content around AI, generative AI and other business tech. Find her on X/Twitter @beckynagel.

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