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PC Week: IPOs pose challenge to Linux Community

Aug 06, 1999, 21:50 (3 Talkback[s])
(Other stories by Scott Berinato)

"Ready or not, here come the Linux IPOs, portending a shift in the high-tech landscape that almost certainly will widen the crevasse between the community-minded Linux developers and the bottom-line bean counters. First out of the gate among Linux vendors making initial public offerings will be Red Hat Software Inc., which is likely to offer 6 million shares of stock as early as next week, sources close to the company said."

"Others expected to follow include hardware maker VA Linux Systems Inc., which hopes to file papers this fall, and operating system distributors TurboLinux Inc. and Caldera Systems Inc."

"Although the Linux operating system kernel will remain open, developers are not required to give away Linux appli-cation code. As a result, publicly traded Linux vendors could be under intense pressure from shareholders to distin-guish themselves from the competition by creating and selling proprietary Linux applications."

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