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Great Bridge Out; Caldera in Trouble

Posted by ryuzaki0 on from the black-armband dept.

tim_maroney writes: "CNET's news.com gives us a pair of open source disaster movies today. Great Bridge, an open source database maker which refused a bid from Red Hat earlier this year, will lay off 38 of 41 employees and close its doors. Caldera, a seller of Linux and UNIX versions, announced layoffs, plummeting revenues, and a reverse stock split intended to allow it to be relisted. Not a happy day for fans of open source business models."

3 of 212 comments (clear)

  1. Business models by KingAzzy · · Score: 2, Flamebait

    Not a happy day for fans of open source business models

    Well, that's because there isn't much of a business model behind open source. It is a fascinating grass-roots movement but the timing for it as a sound business strategy is definitely off right now.

    Open source will continue to flourish in the realms of academia and those who are not after material wealth but start up ventures like the above will continue to bleed.

    Sorry.

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  2. Open Source and Freebies crashing the market. by Blowit · · Score: 0, Flamebait

    Go figure. Everyone wants Open source/Free stuff and now the whole world financial ecomony is suffering. Telcos offering cheap DSL causing ISPs to close doors, Open source promises of the freer land but end up closing doors and leaving customers in the dark, companies offering free stuff for people and expect the people to click their banners for "alternate" source of income...

    I say, to hell with freebies and time to charge a decent price for everything. Atleast, the financial market might recover from all the freebie offerings out there.

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  3. Re:Then Use Red Hat Database by coolgeek · · Score: 1, Flamebait

    Interesting point...Does this then make RedHat into the Free Software parallel of Microsoft? Please think about it before branding my post as flamebait. Great Bridge didn't sell, so RedHat sez "Resistance is futile. Your technology and culture will be adapted to service us"

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