Momentive Software Expands Portfolio with Cobalt Acquisition

Momentive Software, a prominent provider of cloud-based software solutions, announced its acquisition of Cobalt, a company specializing in association and certification management software built on Microsoft Dynamics 365. This acquisition follows Momentive's purchase of Blue Sky eLearn, marking its second acquisition under its new brand identity. Momentive aims to empower mission-driven organizations by providing streamlined tools for business processes, enhancing member engagement, and supporting fundraising events. By acquiring Cobalt, Momentive expands its portfolio to encompass a broader array of association management software (AMS) to cater to the unique needs of nonprofit organizations. The acquisition underscores Momentive's commitment to technology investments that offer greater value to its clients. Cobalt's offerings are leveraged by nearly 200 enterprise organizations, enhancing their membership and credentialing management, automating business processes, and ultimately driving community impact. The acquisition enhances Momentive's capacity to innovate and expand its solution suite, allowing associations to thrive amidst evolving challenges.