Xfive.co Acquires Bay Area Firm Webvanta
Jul 05, 2016, 08:00 ET
SAN FRANCISCO, July 5, 2016 /CNW/ -- Australian-based web development agency Xfive a pioneer of PSD to HTM industry acquired all the assets of Bay Area firm Webvanta, well known for its own CMS.
Ten years ago, in Melbourne, Australia Dave Rosen established XHTMLized, a company that started the PSD to HTML industry. Since then they grew up from a startup into a mature web development agency, Xfive. They provide services to digital agencies, startups and global known brands such as FOX, Microsoft and Twitter.
As a part of its growth strategy, in January 2016 XHTMLized rebranded to Xfive.co and decided to focus on the US market. Xfive.co runs a development and operational centre in Kraków, Poland with over 50 employees worldwide.
Meanwhile in Sebastopol, California former Adobe Systems technology directors: Michael Slater and Christopher Haupt founded Webvanta, Inc. A full stack web development agency that got attention thanks to its cloud-based Content Management System. Over the years, Webvanta evolved into a company that specializes in serving educational and mission-driven organisations. Among the many satisfied clients include several departments of the University Of California, Berkeley.
The Xfive acquisition of Webvanta has two important aspects. It helps Xfive to get more recognition in the US and enter the demanding educational and mission-driven market with expertise and know-how in building modern websites and web applications. Webvanta gains access to the resources of the bigger Xfive company that will help to provide even better services.
Dave Rosen, founder of Xfive.co, says: "Going forward, Xfive and Webvanta united presents a lot of new possibilities. Webvanta brings new expertise and passions which complement Xfive and vice-versa. Our roadmap now delivers an even greater depth of customer care as we strengthen our existing offerings and expand into new horizons. There will be some noticeable immediate benefits for both Xfive and Webvanta customers as well as some long-term projects we are certain will delight you."
There is also the important human factor, as the acquisition helps Webvanta during overcome a challenging period of which caused the its founder and President Michael Slater to pass away after losing his battle with cancer. All of Xfive would like to wish our deepest condolences to his family during this time, and ensure them that we will do our best to continue the legacy he began at Webvanta.
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