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Source Code Escrow

Makarand writes "According to this article in The Economic Times (India) Software companies in India are embracing the trend where source code for the software being bought or sold is kept safe with an escrow agent with carefully drafted agreements. This allows the buyer to get hold of the source code in cases where software was licensed from a start-up which has now folded or a breach of contract regarding the maintenance services that were agreed upon can be proven. The source code is automatically released upon the occurrence of any of the events mentioned in the escrow agreement and the buyer will be able to study the source code and continue to provide support services for the software bought without relying on the employees of the software supplier."

1 of 182 comments (clear)

  1. Re:Another symptom of programming viewed as a comm by EvilTwinSkippy · · Score: 0, Offtopic
    Cog 258118 seems out of alignment today. Put in a workorder for a fresh flashing of his firmware.

    But seriously...

    Let's face it this is the same mindless decision making process that turned sexy into a bunch of anorexic bubbleheads running in swimsuits and music into the uninspired crap typified by the Backstreet Boys and Brittney Spears.

    For whatever reason they don't seem to want to cater to anyone with an IQ greater than 90, and certainly no one older than 14.

    --
    "Learning is not compulsory... neither is survival."
    --Dr.W.Edwards Deming