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As a result, most open source projects are free, but “free of charge” is not part of the open source definition. There are ways to charge for open source projects indirectly through dual licensing or limited features, while still complying with the official definition of open source. Open-source software refers to computer software that is made freely available to the public, allowing anyone to use, modify, and distribute it. In other words, the source code of the software is openly accessible to developers, enabling them to understand its functionality, add new features, fix issues, and make improvements. This collaborative approach encourages innovation, fosters development communities, and leads to the creation of powerful software products. If you’re on the buy side of a tech M&A transaction, an open source audit should be part of the software due diligence process. A code audit enables a buyer to understand risks in the software that could affect the value of the intellectual property and the remediation required to address those risks. An open source audit can also be invaluable for companies wanting a better understanding of the code’s composition. Using Black Duck SCA, expert auditors comprehensively identify the open source components in a codebase and flag legal compliance issues related to those components, prioritizing issues based on their severity.
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