Today, Branchr Advertising acquired my company, Atomplan, formerly Avecora OnDemand. Atomplan is a small business organization and management application built to simplify and integrate communication and collaboration in companies and groups. It includes project management, contact and customer relationship management, wiki, status updates, calendar, and more.

Financial details were not disclosed, but the deal was a dual cash/equity transaction. I (Mark Bao) will remain the CEO of Atomplan, as Atomplan operates as an empirically separate entity from Branchr Advertising. Atomplan’s service will continue for existing customers. The only changes in service is the change in name and dramatic increase in file storage space for paid users.

I’m very happy with this acquisition. The Director and Founder of Branchr Advertising, Christian Owens, is a great person and a fantastic partner to be working with. Thanks for the great times, everyone. Time to work on the next startup!

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For more information: TechCrunch: Branchr Advertising Acquires Online Collaboration Software Maker Atomplan and Avecora’s Press Release: Avecora Announces the Aquisition of Avecora OnDemand by Branchr Advertising.