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BW: Applix Participates in Largest-Ever Private Linux Investment

“Applix…a leading supplier of office suite software for Linux
and other major operating systems, today announced its
participation in the largest ever private investment funding of a
Linux company. TurboLinux, the high performance Linux company
successfully completed a $57 million second round funding that
included investments by Applix and more than 20 other leading
worldwide IT companies.”

“TurboLinux bundles and resells the Applixware Office product in
Japan and other Asian markets. Applix relies on the proven
expertise and local knowledge of companies like TurboLinux to
insure the widest possible distribution for its software products
across geographies and hardware platforms.”

We are pleased to participate in this strategic event in
the history of TurboLinux
,” commented Jit Saxena, Applix’s
Chairman and CEO. “As a leading provider of office productivity
applications for Linux, Applix already has a significant stake in
the future of the operating system. Our investment in TurboLinux
reinforces our commitment to the Linux operating environment and
complements our high performance office productivity
applications.”


Press Release