Black Duck's open source business surging

Black Duck Software is the leading provider of strategy, products and services for automating the management, governance and secure use of free and open source software (FOSS), at enterprise scale, in a multi-source development process.

The company announced that this period [1st quarter, 2012] was the most successful first quarter in company history, enabling it to sustain its 34 percent compound annual growth rate (CAGR). This success underscores growing enterprise demand for open source software (OSS), the need for solutions to manage OSS use and governance, and the adoption of open source methods and technologies by several industry alliances.