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Linux and Open Source

Steven J. Vaughan-Nichols & Paula Rooney

Projity sells out to SERENA in SaaS push

By | September 24, 2008, 8:04am PDT

Summary: The move looks like a win-win for both sides, with OpenProj gaining access to capital and Serena moving more strongly into SaaS.

Serena logoProjity, creators of OpenProj, the open source alternative to Microsoft Project, has been acquired by SERENA Software.

Projity began rolling out a SaaS version of its software in April and at that time bragged to ZDNet it had 1 million downloads.

Serena is an old line enterprise software outfit, which began its work on mainframes. Its top corporate communications officer credited Facebook with transforming the corporate culture a year ago.

Today it is best known as an Application Lifecycle Management company, with products in use at many offices where management detests open source.

SERENA said it will integrate Projity into its Mariner Project Portfolio Management offering, which it is moving toward a SaaS model.

The move looks like a win-win for both sides, with OpenProj gaining access to capital and SERENA moving more strongly into SaaS.

The only potential criticism is that this seems like a move away from the mass market, given SERENA’s history. But perhaps SERENA is looking to change its history.

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Dana Blankenhorn has been a business journalist for 30 years, a tech freelancer since 1983.

Disclosure

Dana Blankenhorn

Dana Blankenhorn has been a journalist, writer and part-time futurist for over 30 years.

At the present moment I run only a personal blog in addition to my ZDNet open source blog.

DanaBlankenhorn.Com has the subtitle The War Against Oil. In the past I have used it to write about political history, e-commerce, personal matters, some ideas related to open source, and The World of Always On, which is the idea of using sensors, motes and RFID to turn WiFi links into platforms for applications which live in the air.

My IRA account at Schwab holds a few tech shares, most notably some Intel and Applied Materials, but there are no open source companies in it. I don’t even own any CBS stock.

Biography

Dana Blankenhorn

Dana Blankenhorn has been a business journalist for nearly 25 years and has covered the online world professionally since 1985. He founded the Interactive Age Daily for CMP Media, and has written for the Chicago Tribune, Advertising Age's "NetMarketing" supplement, and dozens of other publications over the years.

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