“In the first major “post-Red Hat” Linux-related public stock
move, open-source software developer VA Linux Systems has filed for
an initial public offering (IPO) with the Securities and Exchange
Commission (SEC).”
“The Sunnyvale, California-based company, according to the SEC
filing, is looking to raise $70 million (US$) through the sale of
shares of its common stock. VA has not yet disclosed the number
of shares to be sold, or the price range of the stock
offering.“
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