FOSSology, which was developed by HP in 2007, has been widely accepted across industries.
The Linux Foundation has announced to host the FOSSology project which is an open source license compliance software project and set of tools.
The 3.0 version of the tool is expected to be released within the week.
Originally developed by HP in 2007, FOSSology has gradually turned into a trusted tool for open source license compliance following community collaboration and wide industry adoption.
Multiple companies including law firms like HP Partners Sullivan & Worcester or technology giants such as Bloomberg, HP, Siemens and Wind River use the tool.
The upgraded version of the project will allow companies to run license and copyright scans in a single click.
It can also help the users in generating a Software Package Data Exchange (SPDX) file or a ReadMe file with the copyrights notices from their software.
The Linux Foundation executive director Jim Zemlin said: "As Linux and open source have become the primary building blocks for creating today’s most innovative technologies, projects like FOSSology are more relevant than ever.
"FOSSology’s proven track record for improving efficiency in license compliance is the perfect complement to a suite of open compliance initiatives hosted at The Linux Foundation. This work is among the most important work that we all do."
HP Cloud and Open Source, Software, vice president and deputy general counsel Eileen Evans said: "FOSSology is a mature compliance project which has benefited from a vibrant community of users and contributors.
"We believe that The Linux Foundation’s hosting of the project will enable it to be further utilized across the industry and help increase the adoption of Linux and other open source software."