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SRO: The Unexpected Linux IPO

The smart money had been expecting VA Research to be the
first Linux company to follow Red Hat into an IPO. The gambling
money liked Caldera Systems. It turns out they were both
wrong.

“Cobalt Networks Inc., a maker of file and Internet server
applications, will be the first Linux IPO.”

“Cobalt, while not usually considered a Linux company, builds
its popular storage server, the NASRaQ, and the Internet services
servers, the Qube 2 and RaQ 2, around its own home-brewed Linux.
Cobalt’s adaptation of Linux is based on the Linux 2.0 kernel. For
Cobalt, Linux is part of a hardware solution, not a product in and
of itself.”

Complete
Story