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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 [...]