Rackspace Opens Up OpenStack With Planned Foundation, after Investing $$ Millions

“Bryce noted that the recent OpenStack Diablo release
demonstrated how much of a community-led project OpenStack has
become. There are five separate projects within OpenStack. Of them,
three are led by Rackspace and two are led by others in the
community.

Bryce said that to date Rackspace has invested “millions” in the
project. From a business perspective, the project is operated as
OpenStack LLC, which is wholly owned by Rackspace. OpenStack LLC
owns the intellectual property copyrights and trademarks associated
with OpenStack. Bryce said those assets would move to the
Foundation.

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