“Two Linux retailers, LinuxMall and the Linux Store, agreed
today to join forces, hoping to become the first publicly traded
Linux company to achieve profitability.”
“LinuxMall had been on track for an initial public offering,
chief executive Dave Shaw said in an interview today, but it opted
instead to merge with The Linux Store, a company already publicly
traded on Nasdaq’s over-the-counter bulletin board system, where it
is currently valued at $2.13. The Linux Store’s ticker symbol,
“EBIZ,” reflects its roots as the computer maker Ebiz
Enterprises.”
“While the $25 million revenue figure is still small
compared with some retailing giants, it’s not far beneath the range
of Linux bellwethers such as Red Hat, which garnered $13.1
million in revenue its last quarter. VA Linux Systems had $34.6
million in revenue in its most recent quarter.”