“MandrakeSoft, publisher of the popular Linux-Mandrake operating
system, today announced that the Investment Fund of AXA, AXA
Placement Innovation, took an equity position in the company to
fuel its aggressive growth.”
“AXA Placement Innovation specializes in financing promising
high tech companies.”
“‘We believe that MandrakeSoft is poised to be a dominant player
in the emerging but potentially huge Linux market,’ said Peter
Bieliczky from AXA Investment Managers Group. ‘MandrakeSoft has
evolved very quickly since its inception a few months ago and we
are strong believers in the Linux-Mandrake strategy and team.'”