Language Selection

English French German Italian Portuguese Spanish

VCs' Open Source Attraction

Filed under
OSS

he open source market is decidely hot right now, from software to support and services. Recently, venture capital firms have upped the ante, investing millions in open source-focused companies with the hopes of cashing in like JBoss did, when Red Hat (Nasdaq: RHAT) scooped it up for a tidy US$350 million in June.

"Compared to two years ago, I would say [VC interest in open source firms] is probably up 200 percent to 300 percent," said Pradeep Tagare, investment manager of open source investments at Intel Capital, the investment arm of Intel (Nasdaq: INTC).

Bernard Dalle, general partner with Index Ventures, agreed. He too is seeing roughly two to three times more investment in open source companies this year than he did last year, he told LinuxInsider. "The reason for that is, a lot of the startups recognize the fact that it's difficult to get into the software business if you don't have an open source [component] to your story," he said, comparing that to a few years ago, when the reflex was to keep code proprietary.

http://www.technewsworld.com/story/53927.html.

More in Tux Machines

Will Microsoft’s Embrace Smother GitHub?

Microsoft has had an adversarial relationship with the open-source community. The company viewed the free Open Office software and the Linux operating system—which compete with Microsoft Office and Windows, respectively—as grave threats. In 2001 Windows chief Jim Allchin said: “Open source is an intellectual-property destroyer.” That same year CEO Steve Ballmer said “Linux is a cancer.” Microsoft attempted to use copyright law to crush open source in the courts. When these tactics failed, Microsoft decided if you can’t beat them, join them. It incorporated Linux and other open-source code into its servers in 2014. By 2016 Microsoft had more programmers contributing code to GitHub than any other company. The GitHub merger might reflect Microsoft’s “embrace, extend and extinguish” strategy for dominating its competitors. After all, GitHub hosts not only open-source software and Microsoft software but also the open-source projects of other companies, including Oracle, IBM, and Amazon Web Services. With GitHub, Microsoft could restrict a crucial platform for its rivals, mine data about competitors’ activities, target ads toward users, or restrict free services. Its control could lead to a sort of surveillance of innovative activity, giving it a unique, macro-scaled insight into software development. Read more

Android Leftovers

Why Open Source Matters to Alibaba

At present, Alibaba has more than 150 open source projects. We work on the open source projects with the aim to contribute to the industry and solve real-life problems. We share our experiences with the rest of the open source enthusiasts. As a long-time contributor to various other open source projects, Alibaba and Alibaba Cloud have fostered a culture that encourages our teams to voluntarily contribute to various open source projects, either by sharing experiences or helping others to solve problems. Sharing and contributing to the community altogether is in the DNA of Alibaba’s culture. Read more

today's howtos