Linux Today: Linux News On Internet Time.

More on LinuxToday

SiliconValley.com: Penguin partnership

Sep 03, 2000, 19:05 (0 Talkback[s])


Desktop-as-a-Service Designed for Any Cloud ? Nutanix Frame

"...When it comes to investing, Roseman and his partner Frederick Berenstein are making sure that the upstart Linux operating system does not take off without them. The two partners have invested about $22 million in eight start-up companies focused on Linux, a variant of the Unix operating system that is making major inroads in the computer industry as a competitor to Unix and Microsoft Corp.'s Windows 2000 for serious computing tasks like Web site hosting."

"Berenstein and Roseman said they plan to take their New York-based holding company, Linux Global Partners, public sometime this year or early in 2001. But with both Linux stocks and holding companies like CMGI Inc. out of favor on Wall Street in recent months, it remains to be seen how a Linux-related holding company will be received amid this rockier climate."

"Linux is not a magic word by itself,'' said Dan Kusnetzky, an analyst with market researcher International Data Corp. ``Some Linux companies are likely to be successful over time and some are not."

Complete Story

Related Stories: