OpenStack Spun Out From Rackspace Control

angry tapir writes "Responding to the rapid adoption of their software, the folks behind the OpenStack cloud software are planning to form a stand-alone nonprofit foundation to steward future development of the open-source software suite. They will formally announce the foundation at the OpenStack conference, being held this week in Boston. Hosting provider Rackspace, which currently owns the OpenStack trademark and copyrights, plans to transfer ownership of these resources to the not-for-profit foundation once it is operational."