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September 25, 2008 8:37 AM PDT

The next big open-source acquisition imminent? (Update)

by Matt Asay
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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.

Matt Asay 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. Matt is vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure. You can follow Matt on Twitter @mjasay.
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About The Open Road

Matt Asay 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. Matt is general manager of the Americas division and vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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