NewsForge: MandrakeSoft Now Profitable, Says CEO Bancilhon
Jan 22, 2004, 17:30 (6 Talkback[s])
(Other stories by Robin Miller)
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"During an inteview with NewsForge at LinuxWorld, MandrakeSoft
CEO Francois Bancilhon said the company is releasing financial
results today that show a profit. 'Now,' he said, 'we can move to
the next step, which is to grow it.' He expects MandrakeSoft to
emerge from the French equivalent of Chapter 11 as early as March,
but notes that under French law, 'this can take some time,' so he
cannot be certain of exactly when MandrakeSoft will have the cloud
of bankruptcy lifted from its corporate head.
"Asked about quality control problems that have plagued recent
Mandrake releases, Bancilhon said, 'I think we have improved a lot
from 9.1 to 9.2.'
"Beyond that, he said, 'We are going to introduce something new
with 10.0. We are going to have two versions of the system.'
"One will be 'community,' the other 'official...'"