Quest Software Demonstrates Open Source Absorption
Dana Blankenhorn submits: Since I first began covering open source in 2005, it has been considered separate from the software mainstream. There were “proprietary” software companies like Microsoft (MSFT) and Oracle (ORCL), and there were “open source” software companies like Red Hat (RHT) and Google (GOOG). The split was always arbitrary and artificial. Microsoft and Oracle both contribute to open source projects; Red Hat and Google have always held some things back as proprietary.So just as “Internet Commerce,” which I covered in the 1990s, became just “commerce” a decade later, so open source is being absorbed into the software mainstream. A good example is Quest Software (QSFT), an enterprise software company. It's usually placed on the proprietary side of the ledger, but has just joined a number of venture capitalists in an $11 million financing round on behalf of JasperSoft, an open source business intelligence software company. Why? From a balance sheetComplete Story »
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