Why this new name Odoo? Is there any meaning or its just a name?Also in some other forums I found that the version of Odoo will be odoo 8.0. Why it is not odoo 1.0?
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In 2005, Fabien Pinckaers, the founder and current CEO of Odoo, started to develop his first software product, TinyERP. Three years later, the name was changed to OpenERP. The company started to grow quickly and in 2010, OpenERP had become a 100+ employee company.
In 2013, the company won a Deloitte award for being the fastest-growing company in Belgium, with 1549% growth over a five-year period.
In 2014, the company was renamed Odoo, to diversify itself from the term "ERP". In 2015, Inc. Magazine placed Odoo in the top 5000 fastest-growing private companies in Europe.
They have mentioned why name as odoo in their blog
https://www.odoo.com/blog/odoo-news-5/odoo-the-new-openerp-156
There is no specific meaning. The answer is in this blog post: https://www.odoo.com/blog/Odoo-Blog-1/post/OpenERP-becomes-Odoo-156
is it remain free, after the brand changing ?
Yes, Odoo is fully open source and the source is available on the download page https://www.odoo.com/page/download as well as in the github repo https://github.com/odoo/odoo
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