---
title: "SpikeSource Burnrate: 1999-style"
date: 2005-05-28T00:16:31Z
modified: 2005-05-28T00:16:31Z
permalink: "https://redmonk.com/jgovernor/spikesource-burnrate-1999-style/"
type: post
status: publish
excerpt: ""
wpid: 239
categories:
  - Uncategorized
timestamp: 2005-05-28T00:16:31Z
tags:
  - Uncategorized
---

[That’s a lot of cash](http://professional.venturewire.com/exclusives.asp?s=DEALBOOK&sid=ILPHMKQJNM). Its going to be interesting to see how fast these firms [flip](http://www.fastcompany.com/online/32/builttoflip.html), [SourceLabs](http://www.sourcelabs.com/), [Optaros](http://www.optaros.com/) and on and on.

Real fast, i should think. IBM and HP are both in the market for software as a service/OSS/indemnification plays. IBM snapped up [Gluecode](http://www.redmonk.com/sogrady/archives/000673.html) recently, nice work [Chet](http://searchwebservices.techtarget.com/originalContent/0,289142,sid26_gci1087132,00.html)…

Something tells me he isn’t the only executive going to make a rapid buck out of the [OSS/Saas convergence bubble](http://www.sandhill.com/opinion/daily_blog.php?id=10).

Here’s ten bucks says CA, IBM, and HP all make acquisitions in this space within 12 months. Symantec is another potential buyer.