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Mandriva Raising New Funds for Linux Business

Apr 18, 2007, 19:30 (3 Talkback[s])
(Other stories by Stephen Shankland)

"Mandriva, a struggling seller of the Linux operating system, is in the process of raising 'a minimum of 3 million euros,' or $4.1 million, the French company said Monday. The funds will be used to exit bankruptcy protection and to complete the acquisition of server software company Linbox, a merger the companies agreed upon in September 2006 but have been unable to complete..."

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