| Malaysia creates US$36m fund for open-source firms |
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The Malaysian government has created a fund worth US$36 million for start-ups developing open-source software.
The OSS-Platform Investment Program (OSS-PIP) is aimed at forming 40 commercially active open-source software companies over the next two years, according to news daily The Star.
Malaysian authorities hope that expertise in open-source software can help the country become specialty player in the global IT market, which it views as a field dominated by large Western multinationals.
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