Black Duck Software Named to Software Magazine's 28th Annual Software 500

Software Magazine Ranks Black Duck as one of the World's Largest Software Companies

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Oct 01, 2010, 09:30 ET

WALTHAM, Mass., Oct. 1 /PRNewswire/ -- Black Duck Software today announced its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 28th year.

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Black Duck jumped up the list from #451 in 2009 to #379 in 2010, an advance of 72 positions.

"The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7B billion worldwide for 2009, representing virtually flat growth from the previous year," says John P. Desmond, editor of Software Magazine and Softwaremag.com.

"The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners," Desmond says. "It is a quick reference of vendor viability. And the online version, to be posted soon at www.Softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

"Black Duck is delighted with its ranking on the 2010 Software 500 list," says Tim Yeaton, president and chief executive officer of Black Duck Software. "It is through our company's diligent efforts that we have grown and advanced in rank by 72 positions in just one year. This expansion is also attributed to the marked increase in the adoption of open source software, especially at the enterprise level, and the industry-leading solutions that we offer to our customers to manage and control its use."

Some 47 percent of the 2010 Software 500 companies are privately held.

Go to www.Softwaremag.com and click on Subscribe to be among the first to see the 2010 Software 500. It is being released first in the digital publication, to be distributed in mid-October.

The ranking is based on total worldwide software and services revenue for 2009. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About Black Duck Software

Black Duck Software is the leading provider of products and services for automating the management, governance and secure use of open source software, at enterprise scale, in a multi-source development process. Black Duck™ enables companies to shorten time-to-market and reduce development costs while mitigating the management, security and compliance challenges associated with open source software. Black Duck Software powers Koders.com, the industry's leading code search engine for open source, and is among the 500 largest software companies in the world, according to Softwaremag.com. The company is headquartered near Boston and has offices in San Mateo, California, London, Paris, Frankfurt, Hong Kong, Tokyo and Beijing. For more information, visit www.blackducksoftware.com.

Black Duck, Know Your Code and the Black Duck logo are registered trademarks of Black Duck Software, Inc. in the United States and other jurisdictions. Koders is a trademark of Black Duck Software, Inc. All other trademarks are the property of their respective holders.

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