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

today's howtos

Ubuntu 16.04.2 LTS Delayed Until February 2, Will Bring Linux 4.8, Newer Mesa

If you've been waiting to upgrade your Ubuntu 16.04 LTS (Xenial Xerus) operating system to the 16.04.2 point release, which should have hit the streets a couple of days ago, you'll have to wait until February 2. We hate to give you guys bad news, but Canonical's engineers are still working hard these days to port all the goodies from the Ubuntu 16.10 (Yakkety Yak) repositories to Ubuntu 16.04 LTS, which is a long-term supported version, until 2019. These include the Linux 4.8 kernel packages and an updated graphics stack based on a newer X.Org Server version and Mesa 3D Graphics Library. Read more

Calamares Release and Adoption

  • Calamares 3.0 Universal Linux Installer Released, Drops Support for KPMcore 2
    Calamares, the open-source distribution-independent system installer, which is used by many GNU/Linux distributions, including the popular KaOS, Netrunner, Chakra GNU/Linux, and recently KDE Neon, was updated today to version 3.0. Calamares 3.0 is a major milestone, ending the support for the 2.4 series, which recently received its last maintenance update, versioned 2.4.6, bringing numerous improvements, countless bug fixes, and some long-anticipated features, including a brand-new PythonQt-based module interface.
  • Due to Popular Request, KDE Neon Is Adopting the Calamares Graphical Installer
    KDE Neon maintainer Jonathan Riddell is announcing today the immediate availability of the popular Calamares distribution-independent Linux installer framework on the Developer Unstable Edition of KDE Neon. It would appear that many KDE Neon users have voted for Calamares to become the default graphical installer system used for installing the Linux-based operating system on their personal computers. Indeed, Calamares is a popular installer framework that's being successfully used by many distros, including Chakra, Netrunner, and KaOS.

Red Hat Financial News