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More successful open source startups needed

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OSS

Open source is no longer considered the wild underdog, but it will need more new companies making money off the trend, the one-time CEO of MySQL stressed Wednesday at the EclipseCon 2010 conference.

Panelists from the software industry pondered the future of open source during a late-afternoon session at the Santa Clara, Calif. conference. Panelist Marten Mickos, who was the longtime CEO of open source database vendor MySQL, emphasized that there has been a shortage of new companies making lots of money off of open source. Instead, established commercially based companies like IBM, Microsoft, and Oracle are underwriting open source along with open source foundations like the Apache Software Foundation, Eclipse Foundation, Linux Foundation, and Mozilla.

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