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HometechnologyMongoDB surge wraps up a massive week for open-source software as a...

MongoDB surge wraps up a massive week for open-source software as a business

  • With MongoDB's surge Friday, it's now worth almost as much as IBM paid for Red Hat in a deal that closed in 2019.
  • Earlier this week, Databricks raised a private financing round at a $38 billion valuation, which would make it the most valuable open-source company ever.
  • More companies are making money by turning open-source projects into popular and lucrative enterprise software products.

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