Joerg von Frantzius wrote:
Today a client of us came up with the question whether it is possible
that a buyout of the Eclipse Foundation can happen. Are there any
legal restrictions expressed in some binding statutes that a buyout
is not possible? I don't know e.g. whether a not-for-profit
corporation is owned by someone and thus can be bought at all.
Given the current state of members of the Director's Board, would it
e.g. be possible for IBM to have a super-majority and change the
bylaws according to section 3.9.c of the bylaws, in a way that
licenses will have to be paid for the use of Eclipse technology?
Thanks for any information,
Jörg.
I doubt if IBM would let that happen.