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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."

1 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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