Controlling Interest in Mandriva Sold To Russian Firm; Former Developers Fork Distribution
Sep 20, 2010, 19:33 (0 Talkback[s])
(Other stories by Caitlyn Martin)
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"Last Friday the newspaper Vedomosti reported that a Russian
firm, NGI, has purchased a controlling interest in Mandriva. The
Quintura blog published a short ENglish language summary of the
article today. NGI had previously purchased a 5% stake in Mandriva
in July for an undisclosed sum as part of the €3 million
financial rescue of the company according to the Vedomosti article.
NGI and Ceychas Fund are investing an additional €2 million
to acquire controlling interest, including purchasing shares
currently held by two other investors.
"Back in July Quintura published an English-language summary of
another Vedomosti article in which Ilya Massukh, Deputy Minister of
Telecommunications and Mass Communications announced plans to
develop a Russian national operating system based on Linux. In
today's post Quintura added: "Mandriva could aim to bid to create
Linux-based Russian national operating system." Mandriva would
likely be competing with ASPLinux and ALT Linux. One of selection
priorities is that development takes place in Russia."