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ComputerWorld: Big vendors backing open-source exchange

Jun 07, 2000, 02:25 (0 Talkback[s])
(Other stories by Todd R. Weiss)

"Nine technology vendors - including heavyweights Hewlett-Packard Co., Intel Corp., Oracle Corp. and Sun Microsystems Inc. - have made investments in Collab.Net Inc., a San Francisco-based company that runs an online exchange through which corporate information technology workers can connect with open-source software developers."

"Collab.Net, which launched its SourceXchange.com Web site last July, yesterday announced that it has closed a $35 million round of funding aimed at helping it expand its services and products. Other investors include Dell Computer Corp., Novell Inc., TurboLinux Inc. and Marc Andreessen, a Netscape Communications Corp. co-founder, who is a member of Collab.Net's board of directors."

"Bernie Mills, marketing vice president at Collab.Net, wouldn't disclose the company's revenue. But he said Collab.Net officials "definitely . . . are looking at the potential" of doing a public stock offering. The company also provides consulting services and project hosting in collaborative online environments."

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