Friday, 25 June 2010 10:45

Mandriva saved by investors - again

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The French company Mandriva, which creates and sells the Mandriva GNU/Linux distribution, has received investments from a number of unnamed investors, allowing the company to take itself off the market.


Last month, Mandriva was reported to be in financial strife and two firms, LightApp and Linagora, were said to have expressed an interest in buying the GNU/Linux company.

The French site LeMagIT reported a few days back that new money had been put into Mandriva, enabling the company to continue in business.

It said that there would probably be a change in business strategy.

Mandriva is a longstanding distribution, having begun life back in the late 90s as Mandrake Linux. It took Red Hat Linux as its base but used the KDE desktop environment instead of GNOME; hence if often earned the moniker "Red Hat with KDE"

The company changed its name in 2005, following the loss of a case filed by Hearst Corporation which had the rights to the name. The name was changed from MandrakeSoft to Mandriva; this coincided with its acquisition of Conectiva, another Linux company based in Brazil.

The company has hit a rocky road more than once: in 2003, it filed for bankruptcy and emerged from that state the next year.  In 2008, the company was badly affected by the global financial crisis and had to jettison all its external contributors.

 

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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