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

Mageia Beta Delayed, Christmas Quiz, and 7 Best Alternatives

Today in Linux news the Mageia project announced another delay in version 5 Beta 2. The Linux Voice is running a Linux quiz for Christmas and Gary Newell offers up his list of the seven best alternative Linux distributions of the year. The Register says 2015 will be the year of Linux - on mobile. Three reviews need to be highlighted and, finally today, Matt Hartley says everyone should switch to Ubuntu MATE. Read more Also: Linux Bloat, Linux Lite, and Devuan Update

Christmas rest for the braves

We planned initially to release Mageia 5 beta 2 around the 16th of December. We still have some work left to complete to release a proper beta 2 that would drive us through to the final release. Releasing development ISOs is a good way to test all the functions of the installer with the largest possible scope of use cases and variety of hardware. We still have some issues left with EFI integration and some tricky bugs in the installer. So in order to allow some time to fix them and also to still enjoy the Christmas period with friends and family, it has been decided to delay beta 2 until the 6th of January 2015, the initial date of the RC, and then postpone the final release. Read more

Enterprise Advances Brought Linux Success in 2014

For Linux, 2014 could easily be labeled the year enterprise really and truly embraced Linux. It could just as easily be labeled the year that nearly forgot Linux on the desktop. If you weren’t Docker, containers, OpenStack, or big data ─ chances are the spotlight didn’t brighten your day much. If, however, you (or your product) fell into one of those categories, that spotlight shined so brightly, it was almost blinding. Let’s glance back into our own wayback machine and see where Linux succeeded and where it did not. The conclusions should be fairly simple to draw and are incredibly significant to the state of Linux as a whole. Read more

Using Your Open Source Work to Get a Job

So you’ve worked on an open-source project, and you want to place that experience on your resume in order to move your career forward. Fantastic! In theory, there’s no reason an employer should shun your experience, just because you did the project from home on your own time. But how can you actually leverage that project work to obtain a full-time job? Read more