Tuesday, February 9, 2010
Mindbody Buys ClientMagic
San Luis Obispo-based MINDBODY, a developer of software for the salon industry, including spas and yoga studios, said Tuesday that it has acquired ClientMagic Software, a Folsom-based developer of scheduling and business management software for salons and spas. Financial terms of the buy were not disclosed. MINDBODY said as part of the buy that it is now has annual revenues in excess of $10M. As part of the acquisition, MINDBODY said it has hired Stewart E. Skiff, the founder of ClientMagic, and that firm's technical staff.