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[News] Open Source Code Search Company Acquired

Black Duck Buying Koders for Code Search

,----[ Quote ]
| More than 30,000 users visit Koders.com each day, according to Black Duck. A 
| free search engine there can tap some 766 million lines of open-source code 
| written in more than 30 languages and associated with 28 software licenses, 
| the company said. The search engine will remain free.    


And another new partnership:

SnapLogic and WaveMaker Partner to Deliver Complete Open Source Enterprise
Mashup Solution

,----[ Quote ]
| Today at the O'Reilly Web 2.0 Conference, SnapLogic, Inc., the Really Simple 
| Integration company, and WaveMaker, a provider of open source tools for rapid 
| Web application development, announced a strategic partnership to deliver a 
| complete open source solution for creating enterprise mashups.   



Economic slowdown could boost open source 

,----[ Quote ]
| The economic slowdown in the US could boost demand for open source technology 
| and services, analyst firm IDC has claimed. 
| A recent survey by the company found that 60pc of American firms polled 
| increased the percentage of their annual IT budget spent on open source 
| technology in 2007.  


VC funding for open source hits an all-time high

,----[ Quote ]
| Incidentally, total funding to date stands at $2.64bn.


Open-source venture investing hits an all-time high

,----[ Quote ]
| Just when you thought venture interest in open source was quieting down, 
| along comes the biggest quarter in open source's (still young) history: 
| $203.75 million raised, as reported by The 451 Group. This trumped the 
| previous record of $193.6 million from Q4 2006.    


Sun: Economic slowdown favors open source

,----[ Quote ]
| Speaking to ZDNetAsia in an exclusive interview, he said the economic 
| slowdown in the United States will favor open source companies. "During an 
| economic slowdown, not everything slows down [and] IT projects will continue 
| to be undertaken. But IT budgets will be reduced," he said, noting that 
| companies will then turn to lower cost software options such as open source.     


The rise of the open-source billionaire

,----[ Quote ]
| For Google, the underlying open source is made to be almost incidental 
| (though they and others like PayPal are quick to point out that they could 
| not do what they do without open source). But I suspect we'll see projects 
| like MySQL directly monetize and promote the value of the open source 
| powering their service offerings.    


Piper Jaffray Starts Red Hat (RHT) at Buy

,----[ Quote ]
| Piper Jaffray initiates coverage on Red Hat (NYSE: RHT) with a Buy rating and 
| $26 price target, saying the company should benefit from global adoption of 
| open source technologies.  


No Recession at Red Hat

,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that 
| corporate customers and the industry benefit from what he called Red 
| Hat’s “Switzerland status” — not being a province of one of the major powers 
| in the technology industry.   


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