CNET News: Investors to Commercialize Open Source
May 20, 2005, 17:30 (0 Talkback[s])
(Other stories by Martin LaMonica)
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"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..."