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Blackbaud acquires Convio, Inc. - Live5News.com | Charleston, SC | News, Weather, Sports

Blackbaud acquires Convio, Inc.

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DANIEL ISLAND, SC (WCSC) -

An exciting day for Charleston based software company Blackbaud. On Monday, officials with the company announced that they have completed their acquisition of Convio, Inc., a leading company which helps make contacts with potential donors for nonprofits.

The deal is reportedly worth around $325 million.

Officials with Blackbaud say it'll allow them to build better solutions for nonprofits.

"This is an exciting day for the Blackbaud and Convio teams. Together, we can build better solutions for nonprofits, and that's what drives us," said Marc Chardon, Blackbaud's chief executive officer. "Convio's strengths in online and social marketing, and subscription and cloud-based offerings complement ours, and will accelerate our ability to deliver more to the nonprofit sector."

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