Wednesday - June 25, 2008
Call it a Route 128 SOA date. Progress Software is buying Iona Technologies for a little more than $100 million in actual value, broadening Progress' service oriented architecture portfolio significantly and catapulting Progress into the open source software infrastructure arena.
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Wednesday - June 25, 2008
Is it possible to make money by giving something away for free? John Powell, CEO of Alfresco Software, believes that the open source software market is worth $60 billion. The value doesn't accrue from the revenue that it generates. Rather, that value is rooted in the cost savings for his customers. Looked at from this angle, open source is the largest tech industry, Powell believes.
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