A serendipitous meeting in March between the CEOs of two cutting-edge tech firms focused on enhancing government communications has led to an acquisition.GovDelivery, a St. Paul, Minn. firm that provides outsourced e-mail delivery services to 300-plus federal, state and local government agencies, has purchased GovLoop , a popular social networking site for government employees that is based in Washington, D.C. Terms of the deal were not disclosed. Slideshow: 20 most useful social networking sites Slideshow: Hottest tech M&A deals of 2009:Both CEOs hailed the alliance as a sign of the momentum in the once-staid government market about applying the latest Web-based collaboration tools to public sector problems.“There is in general a massive embrace of technology for solving problems and moving the mission of government forward,’’ says Scott Burns, CEO and co-founder of GovDelivery. “The civil servants started the momentum, and now we have the sponsorship and motivation from the Obama Administration.’’As a sign of the momentum, Burns points to the fact that GovDelivery is having its best year ever. Founded in 2001, it took the firm eight years to deliver its first billion messages for government agencies. It took seven months – from January through July of this year—for the… Read full this story
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