The French company Mandriva, which creates and sells the Mandriva GNU/Linux distribution, has received investments from a number of unnamed investors, allowing the company to take itself off the market.
on 06/25/2010 – Made popular on 06/25/2010
After weeks of concern about the "catastrophic state of it's finances" and an indefiniete delay in the release of version 2010.1, the French website LeMagIT is reporting that Mandriva has been saved by new investors.
A month ago we reported that two versions of Mandriva were coming soon after a number of its developers had left the project to form the Mageia Linux distribution after Mandriva's parent company was facing some financial hardship and its future was questionable during this period.
Dear users, friends, fans and supporters of the Mandriva Linux distribution,
after reviewing all your messages, suggestions, ideas and comments, Mandriva SA took the decision to transfer the responsibility of the Mandriva Linux distribution to an independent entity.
Written by: Sam Varghese | Published in: Open SauceThe decision taken by Mandriva SA, the French company that produces the Mandriva GNU/Linux distribution, to base its workstation and server products on two different codebases is a pragmatic one, based on the state of the two codebases.
Mandriva, the French company behind the popular line of Linux distributions with the same name, is apparently for sale, according to Mandriva Linux Online (MLO). The firm is said to be in deep financial troubles, which have only worsened this year. The viable options are its being sold or closing down the whole shop.
Mandriva is one of the cornerstones of Open Source, a technological pioneer offering the sole independent Linux distribution on the European market. Nevertheless the company has been faced with a mounting financial challenge for several years due in part to its size and lack of a clear publishing strategy.