E-Commerce Times: AXA Backs Mandrake and Linux | Linux Today

E-Commerce Times: AXA Backs Mandrake and Linux

Written By
Web Webster
Web Webster
Aug 25, 1999

AXA Placement Innovation, the investment fund of AXA, has
added fuel to the open-source operating system (OS) movement by
completing an equity investment in Linux vendor
MandrakeSoft.”

“We believe that MandrakeSoft is poised to be a dominant player
in the emerging but potentially huge Linux market,” commented Peter
Bieliczky of the 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.” AXA
Placement Innovation specializes in backing up-and-coming high tech
firms…”

“The Complete Linux product by MandrakeSoft “does an excellent
job of smoothing out some of the rough edges of the Red Hat 6.0
distribution,” commented the editors of LinuxWorld. “What you end
up with is a better Red Hat 6.0 than Red Hat 6.0 itself.”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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