Feeds

Turbolinux looks to buy LinuxCare

Well, they're talking about it...

  • alert
  • submit to reddit

3 Big data security analytics techniques

It's looking increasingly likely that Turbolinux will buy troubled services company LinuxCare.

Earlier today internal emails suggesting the deal leaking out onto the Net, but neither company confirmed their authenticity.

One was allegedly sent by Turbolinux CEO Paul Thomas, who wrote: "Our discussions with LinuxCare... have become more serious, and have resulted in the signing of a... letter of intent. A LOI merely states that both companies will make best efforts to reach a definitive agreement.

"The boards and management teams of both Turbolinux and LinuxCare believe we have very complimentary strengths, that together make us much stronger as combined companies."

LinuxCare has since admitted that it is in talks with Turbolinux. The negotiations are at an early stage, and as yet no agreement has been reached on how - or indeed if - the two companies will combine their operations, according to a LinuxCare spokeswoman cited by CNet.

Her comments mirror the contents of Thomas' email. He wrote: "We are still early in the discussions, and don't yet have a final agreement... I will do my best to answer your questions early next week when we have a company meeting."

If the two companies do come together, the merger would bring to Turbolinux a portfolio of services and tech support products. Turbolinux hasn't done badly for itself, with its for emphasis on providing high-end corporate-oriented software products on top of its version of the open source OS. It has carved a niche for itself by specialising in versions of Linux for the Japanese and Far Eastern markets.

LinuxCare has had less success, and was forced to postpone and then knock on the head its proposed IPO around the middle of last year. That followed the sudden departure of CEO and founder Fernand Sarrat. At the time LinuxCare cancelled its IPO, its VC backer, Kleiner Perkins Caufield & Byers, said it was actively seeking a buyer for the company. At the time Red Hat and VA Linux were the most widely tipped candidates for the acquisition. Either they weren't, or neither company felt LinuxCare was worth it. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.