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[News.eclipse.foundation] Re: Overtaker of Eclipse Foundation Inc. possible?

John Bailo schrieb:

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.

What I meant of course is licences to be paid to IBM... even if they can't imagine doing something outrageous like that right now, they might change their mind in 2 years. The question only is, will they be able to do it?