The Register: Linux distributor Caldera delays IPO | Linux Today

The Register: Linux distributor Caldera delays IPO

Written By
Web Webster
Web Webster
Sep 29, 1999

Caldera is to follow fellow Linux distributor Red Hat down
the IPO trail later rather than sooner. The company’s plan to go
public will now not take place until next year and not next month
after all…

“The reason for the decision appears to be advice from Caldera’s
underwriters, who reckon that hi-tech stocks aren’t as popular
right now as they have been of late largely as investors are
beginning to realise they’re more than a little overvalued…”

“The telling part of Red Hat’s most recent results is that the
bulk of the company’s revenue continues to come from product sales.
Clearly people would rather pay Red Hat, Caldera and co. for
complete Linux distributions rather than download and compile them
themselves, so Linux can perhaps no longer be seen as an entirely
free OS. If that’s the case, Caldera can perhaps start to push up
the price of its Linux distribution to the point where it costs
around $99 — the same as other, more mainstream OSes like Windows
and MacOS.”

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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