May 21, 2013

Posted Daily Crunch: Insecurity Edition Looks like software giant EMC has acquired SourceLabs , provider of a set of tools and services used to support open source software like Linux, at least according to TechFlash . The company sells subscriptions for enterprise support, maintenance, and upgrades for open source software, including SASH, offers a proprietary Open Source Management System and is also behind the wiki website SWiK , a community project that documents open source software. The acquisition fee remains undisclosed, and like Matt Asay over at CNET , we’re not really sure what the reason behind EMC’s decision was. He also mentions that SourceLabs had been shopping collaboration project SWiK separately for a couple of weeks to no avail, so it’s highly unlikely EMC bought SourceLabs for the community site rather than the people, know-how and client list. It also seems EMC used its brand new subsidiary Decho , formed from two previous acquired companies Mozy and Pi Corp, for this acquisition. SourceLabs raised $7 million in venture funding in October 2006 from Madrona Venture Group, which led the round, Ignition Partners and Index Ventures.