Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


Top White Papers

More on LinuxToday


Wired: Caldera Set to Ride Linux Wave

Mar 13, 2000, 22:57 (0 Talkback[s])
(Other stories by Joanna Glasner)

[ Thanks to Kevin Reichard for this link. ]

"Just as the euphoria surrounding Linux stocks appears to be dimming a bit, Caldera Systems is hoping to reignite the magic with an IPO set for this week."

"The software developer, until now best known for its parent company's high-profile lawsuit against Microsoft, is hoping to raise about $40 million through its IPO."

"As Caldera prepares to go public, its financial condition isn't much different from that of other tech companies launching new stock offerings. In its five-year operating history, the company has had no profits and has racked up about $35 million in losses. Its revenue is less than a fourth of Red Hat's."

Complete Story

Related Stories: