GrapeCity wins Multiple Awards from ComponentSource

ActiveReports and FarPoint Spread are ComponentSource’s #1 best-selling .NET reporting and spreadsheet products, and GrapeCity is the #1 software publisher in Japan and #3 globally

Kirkland, WA - March 30, 2010 - GrapeCity announced today that ActiveReports and FarPoint Spread, two award-winning products from their PowerTools Division have won multiple awards from ComponentSource®, the world's largest marketplace for reusable software components and development tools.

ComponentSource’s Top 100 Awards for 2009 rate leading software publishers and their individual products according to the total dollar value of orders placed globally by its customers during the year.

Example awards won by GrapeCity and its products – ActiveReports and FarPoint Spread are:
2009’s Top 100 Bestselling Products AwardsActiveReports for .NET — Ranked #1 in Japan, #7 in Top 10 Worldwide
FarPoint Spread for .NET Windows Forms — Ranked #2 in Japan, Top 25 Worldwide
FarPoint Spread for ASP.NET — Ranked #8 in Japan, Top 50 Worldwide
2009’s Top 100 Bestselling Publisher AwardsGrapeCity (Japan) — Ranked #1 in Top 5 Publishers
GrapeCity (Worldwide) — Ranked #3 in Top 5 Publishers
These and other awards make ActiveReports and FarPoint Spread #1 best-sellers on ComponentSource in their respective categories.ActiveReports—World’s #1 best-selling .NET/COM reporting tools
FarPoint Spread— World’s #1 best-selling .NET/COM spreadsheet components

Commenting on the GrapeCity awards, Sam Patterson, ComponentSource CEO, said, “ComponentSource® is pleased to announce that GrapeCity has won multiple ComponentSource Bestselling Publisher and Bestselling Products Awards for 2009-2010. These awards are based on the total dollar amount of orders placed by our customers over the past year through our three offices located in Atlanta, GA, USA, Reading, England and Tokyo, Japan.”
Patterson went on to say, “Given their world-wide popularity and claim to the title of ’World’s largest component developer,’ GrapeCity prides itself on providing state-of-the-art, technically solid products.”
Commenting on GrapeCity’s success, Rick Williamson, General Manager of GrapeCity’s PowerTools Division, said, “We would like to thank ComponentSource for acknowledging our contributions. We are committed to rapid innovation and creation of even more business value for our customers. We will continue to work with channel partners such as ComponentSource to help grow the developer components industry worldwide.”

GrapeCity acquires FarPoint Technologies

GrapeCity today announced that it has executed an acquisition agreement with FarPoint Technologies, Inc., developer of world’s best selling and award-winning Excel-compatible spreadsheet software components for Microsoft’s development platform. Under the terms of the agreement, GrapeCity will be purchasing all FarPoint products and the resulting revenues.

The decision was taken based on a long standing relationship between the two companies since the very first time the FarPoint Spread VBX component was launched for Microsoft Visual Basic over a decade ago. Since that time, GrapeCity has exclusively localized, marketed, sold and supported FarPoint Spread in Japan making it one of their top selling component product in Japan.

GrapeCity is also the world’s largest component developer and seller by company size and revenues. So when the time came for FarPoint owners to carefully weigh their options aimed at growing worldwide even beyond the success it enjoys today, joining GrapeCity was a logical next step.

The FarPoint team, just like the Data Dynamics team last year will become part of GrapeCity and continue serving mutual customers. All FarPoint Product Managers, Sales and Marketing personnel and other FarPoint team members will continue the good work under the GrapeCity name starting October 1st, 2009.

This is great news for customers of both Data Dynamics and FarPoint as it brings together two technology pillars - "Reporting and Business Intelligence" and Excel compatible "Spreadsheet technologies" that form the underpinning of most data processing and data visualization needs of today's business users. Customers can look forward to seeing more synergies between the two product lines in the months to come even as both product lines will continue to grow in exciting ways.

To learn more, read the joint press release, and more coverage by SD Times and the Visual Studio Magazine.