Some of the biggest technology companies in the world have agreed to donate millions of dollars in order to create up a group designed to fund improvements in open source programs like OpenSSL, whose "Heartbleed" bug caused headaches all around the world in the computer industry.
The group will be known as Core Infrastructure Initiative, according to a report by Reuters.
Companies that have agreed to be found of group includes: Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp.
At least a dozen companies have agreed to be founders of the group.
Each company has reportedly agreed to donate $300,000 to the group, according to Reuters.
The formation of the group was announced by non-profit Linux Foundation on April 24.
Open source software is used by big companies and startup for no cost.
The group will support the development of open source software that makes up important parts of the world's technology infrastructure.
Jim Zemlin, executive director of the Linux Foundation said open source software developers don't always have the funding necessary support their work however.
"What do you expect? You got this for free. You get what you pay for," said Marc Gaffan, cofounder of cloud-security provider Incapsula, according to CNNMoney.
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