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May 10, 2005
IBM set to buy Gluecode
If you're looking to expand your Open Source strategy, then why not just buy a company. Easy. Analysts estimate the price to be "at less than $100 million". Considering Gluecode was started only 2 years ago - that doesn't seem bad at all. Another sign that Open Source business is becoming mainstream. The move also gets rid of a potential "disruptive" competitor for IBM.
Posted by Matthew at May 10, 2005 03:16 PM