“As you’ve probably read, Mandrakesoft and Conectiva announced
their merger today. The combined firms will be well-positioned to
go after emerging markets not only in South America but around the
globe. MandrakeSoft derives 40 percent of its revenue from North
America, 40 percent from Europe, and the remainder from elsewhere
around the world. Conectiva derives 95 percent of its revenue from
Brazil, but its distribution is spread by partners in Columbia and
Peru as well.“During a teleconference today, François Bancilhon, CEO
of Mandrakesoft, said that the name of the newly-merged firm has
not yet been decided upon, but that it should be announced within
the next 30 days…”
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Companies Mandrakesoft and Conectiva Announce Definitive Merger
Agreement(Feb 24, 2005)