European Linux company Mandrakesoft is to buy Latin American open source player Conectiva for $2.3m in stock.
Mandrakesoft said that the deal will "significantly" increase its size and research and development capabilities.
The combined company will benefit from shared development resources, commercial prospects and larger economies of scale, according to the pair, resulting in improved development potential for both companies.
"Combining the two businesses enables us to extend the scope of our offering and address more businesses by compounding development and commercial assets," said Mandrakesoft chief executive François Bancilhon.
Mandrakesoft claims a user base of more than four million users, with customers including Carrefour, France Telecom and Verizon.
Conectiva employs 60 people and has offices in Curitiba, São Paulo and Manaus, Brazil.
Linux is becoming the operating system of choice for an increasing number of corporates, and even the mighty Microsoft is acknowledging the threat ... 12 May 2004
C# Web Developer, Finance, London Financial Services Required: C#, ASP.NET, AJAX Fantastic opportunity not to be missed!! This is a great opportunity to work on a unique objectives that no other company is doing working ... more >
Senior Hardware Engineer Scotland/Edinburgh Communication Systems Permanent Position 40-45K+Benefits A leading organisation involved with the design and development of data acquisition systems and synthesis boards for a range of radar, signal intelligence and software radio ... more >
FPGA Engineer Defence/Safety Critical Buckinghamshire Permanent Position 45K+Benefits A leading UK defence organisation requires an experienced digital design engineer to strengthen its existing development team due to a number of long-term projects that have recently ... more >
DSP Engineer 3 Months Contract Hertfordshire £Excellent Rates£ This position requires you to have experience of measurement algorithms development for the generation and analysis of digital wireless communication standards including GSM, EDGE, UMTS, WLAN and ... more >More job opportunities
Print
Discuss
Send to friend
RSS feeds
Mandrakesoft beefs up support for mobile devices 29 Oct 2004
Linux is becoming the operating system of choice for an increasing number of corporates, and even the mighty Microsoft is acknowledging the threat ... 12 May 2004
del.icio.us
Digg this
reddit!
