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Reuters: Goldman Sachs takes stake in Korea Linux firm

Mar 30, 2000, 13:42 (7 Talkback[s])

"Linux One Inc, a South Korean developer of services and software for the Linux operating system, said on Thursday Goldman Sachs had agreed to buy six billion won ($5.4 million) in new shares to take a 10 percent stake in the firm."

"Linux One's chief executive officer and president Kim U-jin will remain the biggest shareholder after the investment, Kim told Reuters by telephone, though he declined to disclose the size of his stake."

Complete story.