What Are The Chances for an Ubuntu IPO?
At the recent OpenStack Summit in Vancouver, Mark Shuttleworth announced that he was debating an initial public offering for Canonical Software, Ubuntu's commercial division. The news was interpreted as a sign of success in many circles, but whether making Canonical a public company would be a wise move seems doubtful at best.
As reported by Steven J. Vaughan-Nichols, Canonical has been considering the idea for several months, but has not yet made a definite decision. Yet the idea has been raised because of the success of Canonical's OpenStack consulting division, which has apparently become the first Canonical venture to become profitable, and includes partnerships with Microsoft and VMWare. "We now have a story that the market will understand," Shuttleworth is reported as saying.
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