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Mandriva Bankruptcy Crisis Averted, For Now

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MDV

Mandriva users have been anxiously awaiting word from corporate whether the first user-friendly distribution would be forced to cease operations. The decision, which has been postponed twice in the last week, has finally come down. Too bad it's really a "good news, bad news" situation.

Jean-Manuel Croset, Mandriva COO, today blogged that the bankruptcy has been averted for now thanks to the Paris Region Economic Development Agency. This agency appears to a consortium of business owners and consultants, tax and regulation experts, and investors who work to promote investment in France.

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