[Linuxtrent] Fwd: [flug] MandrakeSoft Declares Bankruptcy
- From: Mattia Merzi <merzi@xxxxxxxxxxx>
- To: linuxtrent@xxxxxxxxxxxxx
- Date: Thu, 16 Jan 2003 13:15:40 +0100
Forwardo dalla mailing list del FerraraLUG.
bye !
Mattia.
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MandrakeSoft, the developer of the popular Mandrake Linux distribution,
declared bankruptcy in France today. The filling, which the company says is
"similar to the U.S. Chapter 11-Reorganization," is hoped to help the company
escape the financial issues that have plagued the company over the past few
years.
MandrakeSoft, the developer of the popular Mandrake Linux distribution,
declared bankruptcy in France today. The filling, which the company says is
"similar to the U.S. Chapter 11-Reorganization," is hoped to help the company
escape the financial issues that have plagued the company over the past few
years.
This announcement seems to be the culmination of rumors over the past few
days about the future of MandrakeSoft. Earlier this week various media
outlets reported that an internal memo from Chairman and former CEO Jacques
Le Marois, that discussed an upcoming bankruptcy filling, was circulating.
As late as yesterday, company co-founder Gaël Duval was attempting damage
control, telling NewsForge that the company was considering several
different actions and that several investors had made "offers" to the
company.
The move was not totally unexpected, with the Paris, France, developer
issuing an urgent plea for financial assistance back in December. While many
had condemned such statements from the company, it was hoped that users of
the free, downloadable version of Mandrake Linux would join the MandrakeClub
(a nice service that provides various downloads, access to developer
interviews, and, most recently, the ability to vote on which packages should
be in release 9.1) in lieu of purchasing a shrink-wrapped version of the
operating system.
According to the press release issued by MandrakeSoft earlier today, the
schedule for Mandrake Linux 9.1 should stay on course. Incidentally, the
first beta of that release was made available last week to those interested
in previewing the system's new upgrades.
In September, Open for Business discussed MandrakeSoft's future with Mr.
Duval, an that interview you can find here. For further information, you can
find the recent request for financial assistance here and today's statement
here.
--
Dario Tumiati
dario AT ferrara.linux.it
dario AT deepspace6.net
http://www.ferrara.linux.it
http://www.deepspace6.net
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