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Russian NGI to Acquire Major Stake in Linux vendor Mandriva

Files under: Enterprise, News
Posted by: Quintura @ 08:26 [20. 09. 10]

Russian-backed firm NGI is acquiring a controlling stake in French software vendor Mandriva in exchange for EUR 2 million investment, reported newspaper Vedomosti. Mandriva develops Linux-based open-source operating system Mandriva Linux.

In 2007, Mandriva raised EUR 3 million in a round led by European private equity firm Occam Capital. Mandriva sells Linux-based products and provides consulting, training and technical support services.  Mandriva is listed on the Euronext Marché Libre.

Mandriva could aim to bid to create Linux-based Russian national operating system.

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