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New Linux initiative targets Germany's financial sector

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Linux

German banks and insurance companies interested in implementing open-source Linux in their operations can click to a new portal for information about products, suppliers, applications and more.

Hewlett-Packard Co., Novell Inc. and Red Hat Inc. are teaming on a new Linux financial Web site -- www.linux-versiba.de -- that the companies plan to launch on April 13, they said Wednesday in a joint statement. The site will be managed by Germany's Institute for Information Technology at the University of Mannheim.

"VersiBa is a central platform where banks and insurance companies can receive in-depth information about the Linux operating system and applications running on Linux, including those developed specifically for the financial sector, as well as Linux-based office and communication software offerings from Novell, Red Hat and numerous other independent software vendors," said Marina Walser, marketing director at Novell's German subsidiary.

The portal will also provide information about hardware -- mostly from HP -- that runs the Linux operating system.

The site, which allows users to post questions and seek advice, serves as an information platform only, according to Walser. Banks and insurance companies that have decided to implement Linux must sign contracts directly with the suppliers for products and support.

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