Linux Today: Linux News On Internet Time.

More on LinuxToday

NY Times: A View That Needs No Windows

Feb 07, 2000, 01:33 (0 Talkback[s])

WEBINAR: On-demand webcast

How to Boost Database Development Productivity on Linux, Docker, and Kubernetes with Microsoft SQL Server 2017 REGISTER >

"Augustin's company, VA Linux Systems, a maker of computer systems in Sunnyvale, Calif., does not yet have billions of dollars in revenue. But it does have a multibillion-dollar market capitalization, thanks to an initial public offering in December that set records for first-day gains. And the stock provided most of the $1 billion that Va Linux agreed to pay last week for Andover.Net, an owner of Web sites offering technology news."

"From a high of $320, Va Linux shares have dropped, closing at $125 on Friday. But at age 37, Augustin still has a net worth of about $825 million."

"VA Linux is a standard-bearer for the Linux operating system and the Open Source movement. Augustin and the other founders of the company, and the movement, contend that by making the computer code underlying a program freely available, and readily modifiable by anyone, a stronger system with fewer crashes results, ending the domination of operating systems owned by one company, especially Microsoft Windows."

Complete Story

Related Stories: