Black Duck Launches protexIP/OnDemand Hosted Service To Analyze Software for Open Source License Compliance.WALTHAM, Mass. -- Lets Software Developers, Outsourcers, and Due Diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. Teams Meet Compliance Deadlines with Easy-to-Use, Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Service Black Duck Software Inc., the market leader in software compliance management solutions, today expanded its innovative protexIP(TM) suite with the announcement of protexIP(TM)/OnDemand, the industry's first Internet-hosted service that helps companies to mitigate business risk by validating proper use of open source software within their intellectual property (IP) assets. The new service, aimed at independent software vendors (ISVs), outsourcers, and due diligence teams, lets companies automatically analyze software projects to discover open source software and assure that licensing obligations are met. Now software developers can quickly and easily address emerging IP compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). stemming from customer procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , outsourced project validation, internal controls & compliance programs, and mergers & acquisitions, with a level of accuracy not previously possible and without time-consuming and expensive manual methods. "Businesses today are increasingly required to provide evidence that they are managing the origins and obligations of their software intellectual property. As a result, development teams are frequently being called upon for in-depth compliance validations in support of specific business transactions or product milestones," said Douglas A. Levin lev·in n. Archaic Lightning. [Middle English levene, levin; see leuk- in Indo-European roots.] , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Black Duck Software, Inc. "protexIP/OnDemand provides the ideal solution to these urgent, transactional requests by providing an easy to use, cost effective and secure on-line service that can deliver in-depth information to compliance teams literally 'on-demand'." Over a dozen companies have been early-access customers of protexIP/OnDemand for the past few months. One of them, Kayak.com provides comprehensive and objective travel information by searching nearly 100 online travel sites at once. It also provides personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. results to quickly find a traveler's desired trip. "Black Duck's concept is timely and solves a really tough problem with a well-engineered solution," said Paul English, Kayak kayak (kī`ăk), Eskimo canoe, originally made of sealskin stretched over a framework of whalebone or driftwood. It is completely covered except for the opening in which the paddler sits. co-founder and chief technical officer. "protexIP/OnDemand quickly and efficiently provided the insights we needed into our code base. I was very impressed." More customer testimonials can be found at www.blackducksoftware.com/about/customer.html. "It is clear that open source software is of increasing interest to businesses worldwide," said Dan Kusnetzky, Program Vice President, System Software, Enterprise Computing Refers to information technology in the larger company. See enterprise data and enterprise networking. Group, IDC. "Open source software has gained a strong foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in the lower levels of the software stack (1) A stack that is implemented in memory rather than in hardware registers. See stack. (2) A generic reference to a set of system programs or a set of application programs that form a complete system. See stack. today and is likely to have a greater impact higher up the software stack in the future. As this occurs, organizations would be wise to gain a better understanding of open source licenses and software intellectual property to comply with licensing obligations. Black Duck has developed expertise in this area and their services are likely to reduce the amount of time an organization needs to prepare itself." "We are seeing an increasing level of sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. in mergers & acquisitions due diligence relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc identifying the origins and value of intellectual property and assuring compliance with obligations relating to licensed assets," said Peter Falvey, Managing Director of investment banking firm Revolution Partners. "Black Duck's protexIP/OnDemand service offers an ideal solution because it provides a cost-effective, time efficient analysis of the target software asset. This helps reduce risk for both buyers and sellers, and provides better information on which to establish value of the assets." Improving the Diligence of 'Due Diligence' Today, senior developers are often tasked with the time-consuming job of manually analyzing code line-by-line to validate its origins. Management and legal counsel work along side to evaluate results and assure compliance with the wide array of license obligations associated with open source software components. Manual reviews are typically time-consuming, expensive, and, by definition, incomplete since no review team can know the thousands of open source software projects by sight. To address these challenges, protexIP/OnDemand offers an on-line service that automates the review process, and provides highly accurate results in timeframes that meet the demands of today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. transactions. protexIP/OnDemand leverages Black Duck's proven digital Code Print technology and extensive open source Knowledgebase to recognize when code from any of thousands of open source programs have been inserted into user's source code - even small blocks of code or code that has been modified. The service then identifies the license associated with the inserted code from its database of hundreds of license types and highlights possible conflicts between that license and other relevant license restrictions or business policies. From this analysis, it creates a "punch list Punch list is generally a list of tasks, or a "to-do" items. In U.S. construction industry, a "punchlist" is the name of a contract document used in architecture and the building trades in the United States to organize the completion of a construction project. In the U.S. " of the issues for review by the company's legal counsel and, if necessary, to be remedied by software engineers. protexIP/OnDemand is a secure solution that leaves user's source code safely behind their company's firewall during analysis. Services are purchased online with a credit card or purchase order. protexIP/OnDemand is a compatible member of the Black Duck protexIP(TM) product family. The protexIP suite offers an upgrade path to onsite deployment of complementary Black Duck solutions that bring developers, lawyers, and business decision-makers together within a customizable, automated environment for full lifecycle software compliance management. Available Now protexIP/OnDemand is available now by accessing the Black Duck Software Web site at www.blackducksoftware.com. Pricing starts at US$3000 to analyze up to 10 megabytes of user source code. Users can access the service for up to 90 days, allowing time to analyze and remediate re·me·di·a·tion n. The act or process of correcting a fault or deficiency: remediation of a learning disability. re·me compliance issues for a specified software project. For more information, visit www.blackducksoftware.com, email sales@blackducksoftware.com, or call +1 781.891.5100, extension 450. Black Duck is offering a series of Web Seminars about protexIP/OnDemand during the month of April. Please visit www.blackducksoftware.com/news/events.html for registration information. About Black Duck Software Black Duck Software(TM) is the leading provider of software compliance management solutions that help companies govern how software assets are created, managed, and licensed. Black Duck's offerings help businesses take maximum advantage of open source software while at the same time assure they satisfy the obligations associated with the code they use. Black Duck's customer base includes enterprises, product developers, outsourcers, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
(C) 2005 Black Duck Software, Inc. Black Duck Software and protexIP are trademarks of Black Duck Software, Inc. All other trademarks are the property of their respective holders. |
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