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CNET News: Investors to Commercialize Open Source

[ Thanks to Jason
Greenwood
for this link. ]

“An investment venture will try to replicate the model of
Gluecode, an open-source start-up acquired by IBM, with a fund
dedicated solely to open-source software.

“The venture, called Simula Labs, will take open-source
development projects and seek to create businesses around them.
That approach was employed at Gluecode, a company founded in 2001,
which was bought by IBM earlier this month…”


Complete Story

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