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CNET News: Linux company looking to be bought?

Aug 11, 2001, 17:58 (7 Talkback[s])
(Other stories by Stephen Shankland)

[ Thanks to Abhijeet Chavan for this link. ]

"Mission Critical Linux has laid off much of its marketing staff and says it's developing business partnerships that will take care of publicizing its high-end Linux software. But some think the moves herald an acquisition by Linux leader Red Hat.

The July 31 job cuts brought the company's expenses into better balance with its revenue, Chief Executive Robert Tumanic told CNET News.com on Friday. He said they weren't an indication that Mission Critical Linux is being packaged for sale to a company that already has a marketing staff.

"We're not fattening the company up for sale," Tumanic said. "Given the way these partnerships are evolving for us, it lessens the amount of money we need to spend in marketing. The board asked me to better align revenues to costs."

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