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Ubuntu Founder Mark Shuttleworth Has No Plans Of Selling Canonical

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Ubuntu

A couple of weeks ago IBM announced its plan to buy Red Hat for $34 billion. Following that, experts started speculating that rival companies like Canonical and Suse would sell as well.

However, Canonical’s founder, Mark Shuttleworth, doesn’t seem to have any plans of selling the company — at least not in the near future. In an encounter with TechCrunch, he said, “I value my independence.”

One of the reasons behind this decision is that he doesn’t really need the money. But another big reason for not selling is his vision for Canonical and Ubuntu, which he would like to see through personally.

Read more

Yet?

  • Mark Shuttleworth is not selling Canonical or Ubuntu -- yet

    Actually, the question most of us wanted him to answer is: "After IBM paid a cool $43-billion would he consider selling Canonical?" After all, Canonical is also a top Linux company with a arguably a much stronger cloud and container presence than Red Hat. By The Cloud Market's latest count of Amazon Web Services (AWS) instances, Ubuntu dominates with 307,217 instances to Red Hat's 20,311. Even so, in a show floor conversation, Shuttleworth said, "No, I value my independence."

    That's not to say he's not willing to listen to proposals. But he has his own vision for Canonical and Ubuntu Linux. If someone were to make him an offer, which would leave him in charge of both and help him further his plans, then he might go for it. Maybe.

    It would have to be a heck of an offer though, even by post-Red Hat acquisition terms. Shuttleworth doesn't need the money. What he wants is to make his mark in technology history.

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