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Linux.com: Consolidation Before the Tsunami Strikes

Feb 11, 2000, 22:10 (0 Talkback[s])
(Other stories by Ronny Ko)

"Each time I attended LinuxWorld Conference & Expo, I notice the ever-larger number of attendees. LinuxWorld in New York City was no exception. The ever-increasing size of the crowds is a sign that Linux is attracting a great deal of attention not only from developers and enthusiasts but also from big business."

"At these conferences, business relationships are struck. Big transactions and products are announced. And this conference was no different. The biggest announcement made to date is the acquisition by VA Linux Systems of Andover.net. Both companies went public days apart from each other in December 1999. While both companies have lost more than 50% of their value since their respective IPOs, many analysts view VA Linux as the stronger company. Many Andover investors have been left biting the dust by buying Andover stock at $90. Unless VA stock goes up dramatically, it will be a while."

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