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Appcelerator raises $2.1M to build apps on multiple devices
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| Appcelerator, the maker of an open source
| platform for building desktop and smartphone
| applications, has raised $2.1 million in new
| funding.
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http://mobile.venturebeat.com/2010/06/11/appcelerator-raises-2-1m-to-build-apps-on-multiple-devices/
Consona Corporation Acquires Open-Source and Cloud ERP Software Provider Compiere Inc.
http://www.prweb.com/releases/Consona_Corporation/Compiere/prweb4151854.htm
How to Make Money on Open Source Software
,----[ Quote ]
| We are big fans of the open source software
| movement. We believe that free and open
| software opens up markets and new
| capabilities much more quickly than closed
| and expensive software products. In the
| comments to my post on another open source
| effort we are funding, MongoDB, there was a
| discussion about why a VC firm would want to
| invest in free and open software. In that
| discussion, I explained that there are a
| number of ways to make money with open
| source software. The most obvious one is the
| âRed Hatâ model of building a services and
| support business on top of the open source
| software. Red Hat has revenues of almost
| $600mm per year and boasts a public market
| valuation of over $5bn. MySQL, which also
| used that approach, sold to Sun for $1bn.
`----
http://thefastertimes.com/venturecapital/2010/06/16/how-to-make-money-on-open-source-software/
Open Source VAT software, would you risk it?
,----[ Quote ]
| There's a good deal of debate in technology
| circles these days as to what point level
| source software, or indeed free and open
| source software, can fulfil our needs -
| especially when business gets mission
| critical. For individuals, mission critical
| status comes along when it comes to our
| health, our family, our house and our money
| so Tax and VAT certainly come within radius.
`----
http://www.computerweekly.com/blogs/open-source-insider/2010/06/open-source-tax-vat-software---would-you-risk-it.html
Recent:
A challenge to alter Open Source landscape
,----[ Quote ]
| If the community-driven Open Source
| application development is to be considered
| the new age equivalent of the hippie
| movement, the coding community goes through
| a Summer of '69 almost every year.
|
| Coding challenges like the Google Summer of
| Code (SoC), organised between May and
| August, have, in many ways, altered the
| landscape of Open Source endeavours.
|
| UNIX was written by one person in a month,
| but today the space has been democratised,
| and an enthusiastic under-grad sending in
| an important bug fix becomes the new star
| on an Open Source mailing list.
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http://www.hindu.com/2010/04/11/stories/2010041153261500.htm
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