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CNET News.com: Linux firm CyberNet planning IPO

Jan 06, 2000, 20:30 (0 Talkback[s])
(Other stories by Stephen Shankland)

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"CyberNet Systems, a developer of Linux server software, hopes to be one of the next companies to benefit from the Linux surge on Wall Street when it goes public early this year."

"CyberNet next month plans to file with the Securities and Exchange Commission for an initial public offering, president Chuck Jacobus said. The IPO itself is scheduled roughly for the end of March...."

"CyberNet, based in Ann Arbor, Mich., sells packages of software that turn an inexpensive Intel-based PC into a server that can deliver Web pages to browsers across the Internet, store and print files on a company's internal network or be used as a protective "firewall" to keep out network intruders, the company said. The software comes with Red Hat's Linux, which may be freely distributed by other companies."

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