The next big open-source acquisition imminent? (Update)
Open source M&A may be back in style....
Word on the street is that another open-source company is on the verge of being acquired. No, he/she wasn't talking about Projity, which was acquired by Serena.
I'm not going to name the company because I don't want to mess up the deal, if any. But it's good to hear that open-source M&A is coming back in style. After the acquisitions of Zimbra, XenSource, and others we've gone into a quiet period of open-source M&A. Nice to see M&A dollars discovering value again.
Update: I talked with sources close to the company in question and it turns out the tipster got the direction of the acquisition wrong. In other words, the company in question is likely to acquire another company soon, not be acquired. Stay tuned.