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.

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About the author

    Matt Asay is chief operating officer at Canonical, the company behind the Ubuntu Linux operating system. Prior to Canonical, Matt was general manager of the Americas division and vice president of business development at Alfresco, an open-source applications company. Matt brings a decade of in-the-trenches open-source business and legal experience to The Open Road, with an emphasis on emerging open-source business strategies and opportunities. He is a member of the CNET Blog Network and is not an employee of CNET. You can follow Matt on Twitter @mjasay.

     

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