Holy smokes, this is interesting news from the BarCamp Toronto scene.
The Nuvvo eLearning Service you see here is up for sale!
It looks like John and Malgosia are looking to sell Nuvvo. Nuvvo has long been heralded (okay, only 6 months but it feels like a lifetime, I’ve had a heart attack, started a new job, had 2 BarCamps, 3 DemoCamps, etc.) as one of the stars of the Toronto Web 2.0 community.
This does not mean Nuvvo is shutting down. Our many thousands of users around the world are dear to us and we will keep the service going for the foreseeable future. We are looking for an acquisitor [sic] that has the ability to take Nuvvo to the next level. Savvica unfortunately is a humble organization, lacking any outside investmentâ€”we've brought it as far as we can.
It looks this is a fire sale. I’ve often thought that their product is an excellent starting point for a company looking to add community features to an application like Blackboard or WebCT (which I see has been acquired by Blackboard since I last looked). Some one like The Thomson Corporation could purchase Nuvvo and all of the “goodwill” for entry in the the Web 2.0 space. Nuvvo is an excellent beginning to building a large, scalable enterprise LMS.
All of the software and intellectual property that we've built. This includes all our organized and tested Enterprise Java, and Ruby on Rails code.
I’m sad to hear that John and Gosia are looking to sell. They’ve had an interesting operational experience. They’ve had some top-notch developers building their system. They’ve done a fantastic job building buzz and drawing attention to their product. Hopefully they’ll find a great buyer for Nuvvo.