Canonical on Path to IPO as Ubuntu Unity Linux Desktop Gets Ditched
In October 2010, Mark Shuttleworth, founder of the Ubuntu open-source operating system and CEO of Canonical, announced his grand plan to build a converged Linux desktop that would work on mobile devices, desktops and even TVs. He called the effort "Unity" and poured significant financial resources into it.
Seven years later, the Unity dream is dead.
On Oct. 19, Ubuntu 17.10 was released as the first Ubuntu Linux version since 2010 that didn't use Unity as the default Linux desktop. In a video interview with eWEEK, Shuttleworth details the rationale behind his decision to cancel Unity and why he has now put his company on the path toward an initial public offering (IPO).
Because Ubuntu has moved into the mainstream in a bunch of areas, including the cloud, he said some of the things his company had been doing were never going to be commercially sustainable.
Also: Ubuntu 17.10 delivers new desktop and cloud enhancements
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