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Controlling Interest in Mandriva Sold To Russian Firm; Former Developers Fork Distribution

Sep 20, 2010, 19:33 (0 Talkback[s])
(Other stories by Caitlyn Martin)

"Last Friday the newspaper Vedomosti reported that a Russian firm, NGI, has purchased a controlling interest in Mandriva. The Quintura blog published a short ENglish language summary of the article today. NGI had previously purchased a 5% stake in Mandriva in July for an undisclosed sum as part of the €3 million financial rescue of the company according to the Vedomosti article. NGI and Ceychas Fund are investing an additional €2 million to acquire controlling interest, including purchasing shares currently held by two other investors.

"Back in July Quintura published an English-language summary of another Vedomosti article in which Ilya Massukh, Deputy Minister of Telecommunications and Mass Communications announced plans to develop a Russian national operating system based on Linux. In today's post Quintura added: "Mandriva could aim to bid to create Linux-based Russian national operating system." Mandriva would likely be competing with ASPLinux and ALT Linux. One of selection priorities is that development takes place in Russia."

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