“Linuxcare has become the latest unprofitable Linux company to
file plans for an initial public offering, hoping to raise about
$92 million.”
“The company sells various services based on Linux, an open
source clone of the Unix operating system and a competitor to
Microsoft Windows. Linuxcare’s services include customization,
installation, certification that hardware will run with Linux,
training, and technical support.“
“Our objective is to become the leading provider of
Linux-related services,” Linuxcare said in its filing with the
Securities and Exchange Commission. The company competes vigorously
with Linux software seller Red Hat, the first Linux company to go
public, and to a lesser degree with VA Linux Systems, a hardware
maker.”