WANdisco stands for Wide Area Network Distributed Computing, and we make software happen.

This is because our technology is the secret ingredient behind the products that you use every day – from mobile phones to machinery. We are an active member of the community that develops the world’s most popular Source Code product: Subversion, and our technology is used by half of the world’s software developers.

Our customers include a host of Fortune 1000 companies such as Hewlett Packard, Intel, John Deere, European Southern Observatory, Barclays Capital, Walmart, GE and Cisco.

How it works

With our patented technology, software developers in distributed locations can work simultaneously, creating a seamless global network. Users at every site where WANdisco is installed have local access to the same data at all times, which means that they can make changes locally and see each other’s changes immediately.

We are proud to have a 98% customer renewal rate – which is driven by compelling ROI data: a recent study from Forrester Research has shown that our Subversion MultiSite offers a 167% return on investment with a nine-month payback period.

The company

Co-founded in 2005 by David Richards, Jim Campigli and Dr Yeturu Aahlad, WANdisco has dual headquarters in Silicon Valley and Sheffield, England. WANdisco grew, without raising any private equity, venture capital or angel finance to become a leading provider of global collaboration software to the software development industry.

On June 1st, 2012 the company had a highly successful IPO on the London Stock Exchange raising over $24 million. The IPO was oversubscribed by over 300% and the list of investors included Fidelity, Legal & General, Blackrock, Artemis, Hargreave Hale, Cazenove, M&G, Octopus and Standard Life. WANdisco's ticker is WAND.L


http://www.wandisco.com/

Dazzling WANdisco aims to protect the internet giants
Published on Friday 28 September 2012 06:00


http://www.yorkshirepost.co.uk/business/business-news/dazzling-wandisco-aims-to-protect-the-internet-giants-1-4970537

you've done well with this one dc, you made a £1 a share profit and you think it's got more to come?

it looks very good. It will be good to see the company in profit as it still makes a loss.
I do confess I did not put a thread on here till they started going North due to what I think is a strange company name.

Last updated: September 27, 2012 7:30 pm

Wandisco chief laments flotation famine
By Mark Wembridge
The chief executive of one of the few software groups to float in London this year has blamed venture capitalists for the lack of fledgling UK technology companies coming to market.

David Richards, head of Sheffield-based software developer Wandisco, said UK venture capitalists lacked sufficient industry knowledge and that was limiting the number of tech flotations.

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Mr Richards’ comments come amid growing debate over how Britain can avoid losing more technology IPOs to the US, especially after the UK government proposed last week to ease listing rules on the London Stock Exchange for high-growth companies.

“I don’t think that there are enough decent technology companies coming out of the UK and it’s a great pity,” he told the Financial Times.

“It’s the job of venture capital to create [good tech companies] and they’re not doing a good enough job in the UK.

“In the US, they have Vinod Khosla, who founded Sun Microsystems, and all sorts of people in venture capitalism who have started businesses. Those sorts of people simply do not exist in the UK and that’s why we don’t have enough decent companies coming to market.”

Like Mr Richards, venture capitalists and other technology entrepreneurs last week also cited a dearth of industry knowledge as a hurdle to there being more UK tech listings. However, they said it was bankers, analysts and later-stage investors who lacked the sufficient knowledge.

Aim-traded Wandisco – which provides software that allows clients such as Hewlett-Packard, Walmart and Lockheed Martin to collaborate over the internet – raised £15m when it joined London’s junior market in June.

The only other technology flotation in London this year was by Incadea, an Austria-based software company that raised £17m when it joined Aim in May.

Blur Group, a business online procurement group backed by ITV chairman Archie Norman, has also announced intentions to join Aim. There has been a drought in main market technology listings since early 2010.

In spite of its relatively small market capitalisation of £75m, Wandisco shares have been on an upward march since they were listed.

Although still lossmaking, Wandisco on Thursday announced a 53 per cent year-on-year jump in revenues to $2.9m and a near 60 per cent increase in subscription bookings to $3.4m, which gave encouragement to investors.

The company’s shares rose 16 per cent to 360p, double their float price of 180p.

In the six months to June 30, Wandisco narrowed its pre-tax losses from $682,000 to $552,000. The loss per share doubled from 15 cents to 31 cents due to higher operating expenses.

Commenting on the listing rules change, Mr Richards said: “Anything that the Government can do to lower the barriers to entry into the market is a good thing. A lot of companies have been scared off from listing by the current rules

Interim Results
6 Months Ended June 30, 2012 - well worth a read

http://www.wandisco.com/get?f=documentation%2Finvestors%2Fwandisco-interim-results-presentation.pdf

Noticed very few investors sell this share. :-))

Go Wan.

+9%

Software developers WANdisco boost sales after AIM floatation
Published on Wednesday 3 October 2012 08:37


Sheffield and Silicon Valley-based software developer WANdisco has boosted sales by more than 50 per cent and is confident of further growth.


The company, which raised $26 million (£16 million) in a significantly oversubscribed floatation on the Alternative Investment Market earlier this year, says it is on track to achieve its targets for the current year and sees increasing opportunities for further growth.

David Richards, Sheffield-born chairman and chief executive of the Electric Works based company, said: “We are extremely pleased with the progress seen in this first half, as is reflected in these results. We laid out clear objectives when we listed on AIM, including sales growth and product expansion.

“I am delighted that we are meeting and exceeding those goals so rapidly following flotation.”

WANdisco says it has become clear in recent weeks that opportunities for using its technology in the “Big Data” market are even grater than previously thought, so it will be focusing more resources on that area.

So far, the company’s technology has mainly been used by large corporations to coordinate the work of software engineers in locations across the world who are simultaneously developing the same software.

Big Data applications include analysing economic trends, combating disease and crime, predicting the weather and complex problems in physics, where the collections of data that are being used are so large that they would be difficult or impossible to store and manipulate locally on desktop computers.

WANdisco also sees a number of potentially significant opportunities opening up following its acquisition of SmartSVN software developed by German software company Syntevo.

Some profit taking this afternoon.

You'v done well here dreamcatcher good pick.

Not arf! Well over 100% up in just 4 months!.. Are they on Aim?

Sorry just seen p.30

The news looks very good.

WANdisco: Panmure Gordon downgrades from buy to hold, target lifted from 334p to 359p.

Week old news, to keep the thread up to date -

WANdisco reports record booking levels
StockMarketWire.com
WANdisco, the software specialist, reports that in the third quarter, subscription bookings reached a record level of $2.010 million, representing an 86 per cent increase year-on-year (2011: $1.083m).

When combined with bookings for the first half of $3.389 million, the first nine months of the year have delivered total bookings of $5.399 million (2011: $3.192 million), representing an increase of 69 per cent in the year to date. New customers signed in the third quarter increased significantly from the previous quarter and included an array of blue-chip names including Nokia Siemens Networks who, after extensive trials in the first half, have moved away from more traditional technology and will be adopting Subversion MultiSite throughout the entire organisation.

In the third quarter, WANdisco's products have been purchased by Polycom, Northrop Grumman, Manulife Financial, DragonWave, Harmonic and Home Depot. In addition, other divisions of both Dell and Research in Motion have also adopted WANdisco products during the period.

The annualised renewal rate by booking value was 117 per cent. During the period the Company significantly updated its flagship product, Subversion MultiSite, to enable enhanced support for large-scale deployments with additional access control and security features. Historically, the second half of WANdisco's financial year, and in particular the fourth quarter, is its strongest, due to the higher levels of renewals that arise. As a consequence, the board is confident that the Company remains on track to achieve its targets for the current financial year.



At 9:00am: (LON:WAND) share price was +11.5p at 412.5pSan Ramon, CA (October 9, 2012) - WANdisco (LSE: WAND) a leading provider of Apache Subversion based software and services for the enterprise and a corporate contributor to the Subversion project, today announced that Dirk Christiansen has joined the company as vice president of marketing. He will report to David Richards, CEO of WANdisco.

As vice president of marketing, Christiansen will lead WANdisco's global brand and marketing initiatives to help grow the company's enterprise customer base, while strengthening its core base of Subversion developers. In this role, he will also be responsible for growing the company's marketing team, enabling the company to expand its reach across geographies and sectors.

"Dirk has an impressive track record in setting global marketing strategies, branding and launching go-to-market programs in leading software-driven enterprises," said David Richards, CEO of WANdisco. "His demonstrated leadership matches our vision for WANdisco's future and I am confident that Dirk will guide us in realizing success in serving global enterprises."

Christiansen comes to WANdisco from Yonder Media, Northern Nevada and California's leading wireless broadband internet service provider, where he was president and COO. Prior to Yonder Media, he was vice president of global marketing at Aladdin, where he was responsible for leading million-dollar field, product, digital and channel marketing programs. Combined with Christiansen's previous executive positions with corporations like Trend Micro, Sophos, ServGate Technologies and Intel, he has more than 20 years of experience in global marketing across enterprise, small-medium-business and consumer markets.

WANdisco: Panmure Gordon keeps buy rating and 459p target.

Wandisco gets a passing mention on the 'Latest' page on the Hoogi website. Hoogi mostly picks stocks that are already on the up but look like continuing. Though this one appears to be on a watchlist rather than in a portfolio.

Lol, I like Hoogi Juzzle