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Inter@ctiveWeek: Linuxcare: Next Big Linux IPO?

Dec 20, 1999, 20:57 (0 Talkback[s])
(Other stories by Charles Babcock)

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"Linuxcare, the San Francisco-based technical support organization for Linux, announced last week that it had received $32.5 million in second-round financing and acquired The Puffin Group, noted for its expertise in moving Linux to Hewlett-Packard servers."

"The two moves did little to dampen expectations that Linuxcare is moving toward an initial public offering. After hugely successful IPOs by Linux distributor Red Hat and Linux server makers Cobalt Networks and VA Linux Systems earlier this year, speculation has begun to focus on Linuxcare - a virtual unknown a year ago - as the next Linux company that will run up massive market capitalization...."

"Linuxcare is establishing a network of 50 Linux support personnel around the world to provide around-the-clock Linux support. Its technical support staff will deal with problems with Red Hat, SuSE, TurboLinux or any other distribution of the open source operating system. And it is busy building four data centers to provide the computing power needed to offer that support, said Pat Lambs, vice president of service solutions at Linuxcare."

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