Bloomberg Joins Linux Foundation as Gold Member

Increased Investment in Open Source to Help Advance Technology for Quantitative Finance, Machine Learning and More
Feb 19, 2015 9:30 AM ET

Originally published by Linux Foundation.

SANTA ROSA, Calif., February 18, 2015 /3BL Media/ - The Linux Foundation, the nonprofit organization dedicated to accelerating the growth of Linux and collaborative development, today announced that Bloomberg is joining the organization as a Gold member. 

Gold membership is the second-highest corporate membership tier at The Linux Foundation and demonstrates a significant commitment and investment in open source. Gold members of The Linux Foundation include Cisco, Citrix, Electronics and Telecommunications Institute (ETRI), Google, Huawei, Hitachi, NetApp, Panasonic, Renesas, SR Tech Labs, SUSE, Toyota and Verizon Terremark.

Bloomberg is a global business and financial information powerhouse using its unique technology to deliver real-time data, news, and analytics to influential decision makers. Bloomberg is increasingly using and contributing to open source technologies throughout its infrastructure and for its Bloomberg Professional service (aka "The Terminal"), as well as its media properties. Among them include Linux, Hadoop, OpenStack and Solr. With customers constantly requiring new ways to obtain and view information, Bloomberg’s R&D team greatly benefits from the accelerated technological development open source provides. 

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About Bloomberg

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 315,000 subscribers globally.  For more information, visit www.bloomberg.com.