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.

Much like how the Linux Foundation provides a supporting structure for the largely independent development of the Linux kernel, so too will the OpenStack Foundation provide the support structure for the third-party development of OpenStack, the founders said.

via OpenStack spun out from Rackspace control – rackspace, OpenStack Foundation, internet, Infrastructure services, development platforms, cloud computing – Software – Techworld.