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Washtech.com: Micromatix.net Finalizes LinuxOne Merger Terms

Oct 29, 2000, 14:00 (2 Talkback[s])
(Other stories by Kyle Balluck)

"Baltimore's International Mercantile Corp., which does business as Micromatix.net, today said it has signed a stock exchange/merger agreement with LinuxOne Inc., formalizing a letter of intent announced last month...."

"LinuxOne, Inc. is a privately-held developer of embedded Linux thin client systems. IMC builds custom-configured systems, ranging from thin clients to full-scale custom configured servers, which are sold to value-added resellers (VARs) through the company's online site."

"IMC said it would change its name to LinuxOne after the closing, and expects to move its corporate headquarters to San Jose, Calif. IMC said the new company's manufacturing headquarters would be its current 40,000-square-foot manufacturing facility in Baltimore."

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