CNET News: Investors to Commercialize Open Source
May 20, 2005, 17:30 (0 Talkback[s])
(Other stories by Martin LaMonica)
Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers
[ 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..."