Open Source Opens The Way To Black Duck IPO Talk

The UpTake: The power of open source software is fueling strong growth for Black Duck Software, which is steaming toward a possible IPO.

Open source software is proving to be a source for wide open growth at Black Duck Software, a Boston company firmly on the track for an IPO.

Black Duck CEO Tim Yeaton tells the Boston Business Journal's Kyle Alspach that his company, which offers software tools and consulting to help companies build applications that harness open-source projects, has been growing steadily since its founding in 2002.