Method123 Acquires ProjectManager.com

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Method123 Ltd, a fast growing Project Management Tools company, have today announced that they have acquired the http://www.ProjectManager.com business to further expand their online presence.

Method123 Ltd, a fast growing Project Management Tools company, have today announced that they have acquired the http://www.ProjectManager.com business to further expand their online presence.

The online business acquired by Method123 will be used initially as an Online Project Management Software portal. "There are few project management software portals online,," says Jason Westland, founder of Method123 Ltd. "The online software industry is experiencing a dramatic level of growth, with new entrants coming into the market almost daily. While only a fraction of these new and exciting companies are getting real online presence in Google, they often have fantastic applications that deserve to be used by Project Managers to improve their project management success."

The ProjectManager.com business was established before 1994 and is believed to be the oldest project management website in existence. As such, it is highly rated by Google and is known to be an "authoritative site" in the project management market segment.

Ranked as #3 for the popular search terms "project manager", the new acquisition will help Method123 to provide further free project management tools to help project managers to boost their productivity.

Method123 are also considering creating their own Web Based Project Management Software tool to assist junior to intermediate project managers when managing projects. Few details are publicly available, but it is thought that the product will have a "special twist" that is totally unique in the market.

"I guess all I can say is that our future product will help project managers to complete projects in a new way, as opposed to have to struggle with the age old discipline of managing time, cost, quality, people, suppliers and customers all at the same time. Our new software will certainly simplify the project management approach and boost clients chances of success."

In other Method123 news, they have recently clocked over 90,000 unique readers for their fast growing Project Management newsletter. "It's the fastest growing newsletter in the industry," says Simon White, Customer Services Director.

"With more than 2000 people from 100 different countries joining it every week, we will soon have the largest project management newsletter readership in the world, with a current market saturation of 250,000 people. We're excited that we can help so many people from different backgrounds and industries to better deliver their projects, all for free!" says White. This is a great step towards achieving our Company vision: "To be the leading online project management provider worldwide."

Method123 were the first company in the world to release "project management templates" online and more recently, to create a radical new "project management methodology" for project managers. They expect to release the new project management software website within just 8 weeks of acquisition.

Brought to you in conjunction with the Project Management Community.

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