Feeds

Turbolinux looks to buy LinuxCare

Well, they're talking about it...

  • alert
  • submit to reddit

The essential guide to IT transformation

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.