451 CAOS Theory *
A blog for the enterprise open source community

The past, present, and future of VC investment in open source

Matthew Aslett, April 8, 2009 @ 9:13 am ET

Yesterday The 451 Group published Open to Investment, the latest CAOS research report, which examines the past, present and future of venture capital investment in open source-related vendors.
The report contains analysis of the history of venture funding in open-source-related firms between 1997 and 2008, based on The 451 Group’s database of more than 370 funding [...]

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Comments (5) Categories: Funding, IPO, M&A, Software

Open source: assimilate and thrive

Matthew Aslett, August 7, 2008 @ 1:12 pm ET

Matt Asay writes today about the prospects for open source vendors going public or, more likely, being acquired, and wonders whether open source vendors should “hold out for an IPO” or “capitulate” and be acquired.
The latter seems far more likely, especially in the current economic climate. We have written before about the open source vendors [...]

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Comments (4) Categories: IPO, M&A, Software

Why MySQL sold out

Matthew Aslett, February 7, 2008 @ 7:32 am ET

It’s good to see MySQL’s CEO, Marten Mickos, explaining his reasons for abandoning the company’s IPO in favor of being acquired by Sun. What made him and the open source database company’s top brass change their minds (apart from $1bn)? Mickos lists ten factors that convinced him that Sun was the better option:
“1. Jonathan Schwartz [...]

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Comments (12) Categories: IPO, M&A, Software

Open source IPOs - take two

Matthew Aslett, January 23, 2008 @ 10:36 am ET

Earlier this month I took a look at Fortune’s tips for initial public offerings in 2008 and passed comment on the open source-related contenders. Given the events of the past ten days or so it is worth taking another look at the open source vendors that might make IPO candidates between now and the turn [...]

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Comments (2) Categories: Funding, IPO, Software

Today’s the day for open source venture funding

Matthew Aslett, January 22, 2008 @ 5:57 am ET

“2008 is starting with a bang for open source,” wrote Mark Radcliffe last week, and he’s not wrong. Not only did we see Sun’s $1bn acquisition of MySQL, but we’ve also seen an extraordinary amount of venture capital funding. Today saw no fewer than three investments announced, with Greenplum landing $27m Series C, Zenoss closing [...]

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Comments (4) Categories: Business models, Funding, Hardware, IPO, M&A, Software

Here come the open source IPOs

Matthew Aslett, January 11, 2008 @ 7:09 am ET

Fortune magazine has published a list of its hot IPO tips for 2008. Three out of the five - MySQL, Ingres and SugarCRM - are open source companies, while another - Parallels - is an open source project sponsor (for the record, the other Fortune tip is ExactTarget). Here’s a look at Fortune’s assessment of [...]

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Comments (5) Categories: Funding, IPO, M&A, Software

Mozilla: going public or public asset?

Matthew Aslett, January 4, 2008 @ 7:09 am ET

Henry Blodget is a name I haven’t heard in a while. The former securities analyst, who is banned from the securities industry for life following allegations of fraud, has returned to the headlines this week with his suggestion that the Mozilla Foundation could and should file for IPO this year or next.
Blodget’s theory has been [...]

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Comments (1) Categories: IPO, Software

Sourcefire files for IPO

Nick Selby, October 25, 2006 @ 4:39 pm ET

Sourcefire, Inc., founded by Snort creator Marty Roesch, has filed a registration statement with the Securities and Exchange Commission to go public. The Columbia, Maryland-based company says in the filing that 2005 revenues rose 97%, to $32.9m from $16.7m. For the nine months ended September 30, 2006 revenues increased 36%, to $28.9m from $21.2m over [...]

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Comments (1) Categories: IPO, Software

Open and public

Raven Zachary, July 5, 2006 @ 11:17 pm ET

Trolltech, an open source company focused on the cross-platform and mobile development tools space, had its initial public offering today on the Oslo Stock Exchange (OSE: TROLL) today. Shares were offered at 16 NOK (Norwegian Kroner), which is approximately $2.57 US, and closed on its first day slightly up at 17.50 NDK, approximately $2.81 US. [...]

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Comments (7) Categories: Funding, IPO, Software