Open source gets a vote of confidence
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A Silicon Valley private-equity firm yesterday revealed it would buy the Ingres database software from Computer Associates and set it up as a stand-alone open-source software company. The move by Garnett & Helfrich Capital is a sign that professional investors are increasingly willing to bet there is a profitable future for companies based on the open-source model of software development.
[We knew it all along. It just takes some creative thinking to make it work. - Ed]
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