Can an Open Source Project Be Acquired?
prostoalex writes "Can an open source project be acquired? ZDNet's Between The Lines says yes, one just did. Software startup JasperSoft acquired Sourceforge-based project JasperReports, which involved acquiring the copyrights and hiring the lead developer for the project." I guess the point he tries to make is that the new corporate overloads can essentially have a free and non-free version of the code, and more or less orphan the free version. The problem of course is that if the non-free version gets good, others will simply fork.
Before I get flamed, let me just say I have nothing against open source, I just don't understand how it works financially. Could someone explain how "Open Source" software makes any money? I know that corps use services to make there money, but what about smaller companies and independants? How would software development be profitable? I'm just a hobbiest coder and don't do this for a living, so I don't know all the ins and outs. Can someone explain this to me?