PDA

View Full Version : Another OS vendor reports a good quarter


openAdmin
07-24-2009, 04:34 AM
The second quarter of 2009 saw continued top-line bookings growth for Black Duck Software (http://www.blackducksoftware.com/), which produces products and services to accelerate software development through the managed use of open source and third-party code.A 53% Q2 rise in new subscriptions followed strong Q1 bookings to fuel the company's continued sequential-quarter growth. The company recently signed new enterprise accounts including Yahoo!, Alcatel-Lucent (http://www.alcatel-lucent.com/wps/portal?COUNTRY_CODE=US&COOKIE_SET=false), and Orga.

Black Duck believes that it is benefiting from a growing awareness of the importance of multi-source development, in which software developers and enterprises combine open source code with in-house developed code, and many times augmented by commercial products and/or outsourced development