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CNET News.com: China invests in Linux revolution

[ Thanks to ll for this
link. ]

China’s government said it will invest in Red Flag
Software, China’s largest Linux software developer, to try to curb
Microsoft’s dominance of the country’s software market.

“CCIDNET Investment, a venture capital investment company owned
by the Ministry of Information Industry, will become Red Flag’s
second-largest shareholder after the China Academy of Science, and
will help the company list on a stock market in China or
abroad.”

“The Linux industry has a great outlook,” said Chen Dazhi,
president of CCIDNET. “Red Flag has good products as well as a good
management team and is the best Linux producer in China.”

Complete
Story

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