O’Melveny & Myers LLP advised Elastic on the deal.
Elastic, the company behind Elasticsearch and the Elastic Stack, announced the development of the Elastic License v2 (ELv2), a simplified and more permissive license for users of Elasticsearch and Kibana. The release of ELv2 follows Elastic’s recent license change, moving its Apache 2.0-licensed source code to a dual license under both the Elastic License and the Server Side Public License (SSPL).
The new license was announced February 2. It applies to all of Elasticsearch, as well as Kibana, Elastic’s free and open frontend application that sits on top of the Elastic Stack and provides search and data visualization capabilities for data indexed in Elasticsearch.
ELv2 allows access to source code and the ability to share and change the software, but prohibits providing the software to others as a managed service. The license also prohibits tampering with the software’s license key functionality, and states that licensees may not “alter, remove, or obscure any licensing, copyright, or other notices of the licensor.” ELv2 continues a trend of limited source code licenses, similar to those of Confluent, Redis, and many other highly successful emerging software companies.
The O’Melveny & Myers team was led by Heather J. Meeker (Picture).
Involved fees earner: Heather Meeker – O’Melveny & Myers LLP;
Law Firms: O’Melveny & Myers LLP;
Clients: Elastic B.V.;