Language Selection

English French German Italian Portuguese Spanish

Mandriva Saved By New Investors

Filed under
MDV

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.

The article quotes Mandriva Director General Arnaud Laprévote: "Today the company found investors who decided to invest in the company, in order to give balance to the organization and to find a good economic model." He added that "the community and users no longer need be concerned." Due to regulations regarding confidentiality the identity of the new investors was not disclosed. Laprévote went on to explain: "we were aware that the existence of Mandriva was threatened, and today that is no longer the case."

Mr. Laprévote comments regarding the continuing development of the current Mandriva Linux distribution were reassuring: "Today Mandriva is reinventing itself. We detected new opportunities on the desktop as well as on servers, as well as opportunities to strengthen existing markets such as education."

rest here




Horray!!!

God bless Mandriva. May it have a long prosperous life from this moment forward.

Money Pit

This should be a good train wreck to watch.

Mandriva doesn't have the reputation, or the expertise to move into the server/business support market, and there is NO money to be made in the desktop market, as to the education market being a money maker, bwahahahahahahahahaha.

So most likely, the investors are either planing on a gut and sell piecemeal acquisition (although I don't think Mandriva has anything worth selling) or is using it as a cash burn (i.e. tax write off). It's unlikely Mandriva will last thru the next fiscal year (with or without some deity's blessings).

Nameless investors is NEVER a good sign, so something funky is up.

We'll know shortly, if they truly want to attempt to grow this lame duck, they'll need to rebrand ASAP in order to break into newer/better/bigger markets without all the baggage (and the gayest tech name in history) dragging them down.

MandrEvil

I heard rumors some of the previous CEO's got their hands back on Mandriva. You know the ones who ran it into the ground? Good lawdy. This isn't going to end well for the distribution. I sure hope the developers get paid soon. Things are pretty messed up over there at the moment with internal power struggles.

Mandriva developers leaving

Nicolas Lucreil and Pascal Terjan (Mandriva KDE and Kernel Developer) gone!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

More in Tux Machines

Leftovers: Software

How to make Linux's desktop look good on high-resolution displays

Ultra-high-resolution displays with high pixel densities are all the rage now, and for good reason: They look amazing compared to conventional displays. The big problem for PC users is that a lot of software isn't designed with that level of pixel density in mind. If you're running GNOME 3 in Linux, your first boot will have you looking for your reading glasses. (Windows suffers from similar issues with high-DPI displays.) Luckily, you can save your eyes and enjoy that glorious screen you paid for with a few steps. This article will show you how to change the scaling settings for GNOME 3, Mozilla’s Firefox and Thunderbird, and Chromium. Read more

Elementary OS 0.3 (Freya) Released – A Quick Review and Installation Guide with Screenshots

Elementary OS is a Ubuntu based GNU/Linux distribution, which started as a theme and application set for Ubuntu. From eye-candy theme and wallpaper it turns out to be an independent Linux distribution. It inherits legacy of Ubuntu OS and shares Ubuntu’s software Center for package management. It is known for its lightweight nature which is low on resource that makes it easy to run on old PCS, simple yet effective user interface, beautiful themes and wallpaper serves as an eye-candy to users and one of the best Linux OS for Linux newbies. Read more

Evolving KDE

KDE began its life as a desktop project and Qt showcase back in 1996. Since then KDE has evolved to become something more significant; the modern KDE is a global community of technologists, designers, writers and advocates producing some of the world’s finest user-centric Free Software. As we have evolved, so too has the world around us. The user’s experience is no longer restricted to the desktop. It has expanded to the user’s hands, wrists, glasses and more and will continue to evolve into areas we have yet to imagine. Read more