LinuxCare & TurboLinux Finalize Merger 43
Turbolinux to Acquire Linuxcare to Create New Enterprise Linux Power
Combined company with blue-chip customers, partners and investors offers enterprise-class range of Linux and open-source-powered Internet infrastructure solutions and services
SAN FRANCISCO, February 21, 2001-Turbolinux®, Inc., a leader in high-performance Linux for Internet infrastructure solutions, and Linuxcare, Inc., a leader in providing comprehensive professional services for Linux and open-source technologies, today announced that they have signed a definitive agreement for Turbolinux to acquire Linuxcare. The combined company will operate as Turbolinux. Terms of the deal were not disclosed. The addition of Linuxcare's comprehensive professional services, training, labs and support components to the Turbolinux product line will allow the new company to deliver premier Internet infrastructure solutions to customers around the world.
"Linuxcare is a leader in open-source knowledge and services employing some of the top Linux experts in the world. Together we are a powerful and complementary fit," said T. Paul Thomas, president and CEO of Turbolinux. "This strategic acquisition accelerates and extends our service offerings to give our enterprise customers even greater assurance in building mission-critical business solutions with Turbolinux."
Under the terms of the acquisition agreement, Thomas will retain his CEO position and Linuxcare CEO and co-founder Arthur F. Tyde III will become Chief Technology Officer.
"This combination will create an exciting new force in the Linux and open-source space," said Arthur F. Tyde III, CEO of Linuxcare. "Turbolinux has been a strong partner for the past two years and we're excited about the expanded opportunities we can now deliver to our customers, partners and employees."
The new company will combine a formidable list of strategic partners and corporate investors, including Compaq Computer, Dell, Fujitsu Siemens, Hewlett-Packard, Hitachi, IBM, Intel, Motorola, NEC, Novell, Oracle, SGI, Sun Microsystems and Toshiba.
"Dell is a leading provider of Linux-based servers and workstations worldwide because it listens to the needs of its customers," said Rick Hoffman, director and general manager of Linux development at Dell. "These customers are telling us, and our Linux partners, to simplify the deployment and support for their Linux-based infrastructures. These powerful Open Source stalwarts create a single organization that will provide a robust portfolio of professional services and high performance Linux solutions."
Established in 1992, Turbolinux is a Linux market leader in Asia with growing penetration in the North American enterprise market. Turbolinux has worldwide hardware and software partnerships, high ROI mainframe and supercomputing solutions, a global support network and market leadership in clustering and Linux-based next-generation Intel computing platforms.
In addition to having one of the Linux industry's most comprehensive professional services and technical support teams, which includes admired open-source gurus, Linuxcare offers independent certification and testing through Linuxcare Labs and education and training through Linuxcare University. In the new company, Linuxcare services will continue to be vendor independent. By combining the complementary strengths of Turbolinux and Linuxcare, customers receive high-end business solutions that leverage the power of Linux, the world's fastest growing server operating system (IDC). "All of the puzzle pieces fit together," said Dan Kusnetzky, vice president of International Data Corporation's (IDC) system software research group. "Putting together the system software products of Turbolinux with the technical expertise of Linuxcare will certainly strengthen their abilities to deliver complete business solutions that reduce the time that customers require to implement cost-saving Linux and Open-Source-based computing infrastructures." In North America, the combined company has a prestigious roster of corporate blue-chip enterprise customers, including American Red Cross, BMG, Corvis, Digital Island, First Interstate Bank, J.P. Morgan Chase, Pentagon, State Farm Insurance, Verizon, WSE/Honeywell and Xerox.
Turbolinux and Linuxcare are backed by institutional investors August Capital, Deutsche Banc, Hambrecht & Quist Asia Pacific, Kleiner Perkins, Caufield & Byers, and Lehman Brothers. With its planned acquisition of Linuxcare, Turbolinux is withdrawing its registration statement on form S-1 filed with the SEC on October 30, 2000. Deutsche Banc Alex. Brown advised Turbolinux on this transaction.
About Turbolinux, Inc.
Founded in 1992, Turbolinux develops Linux-based software solutions for
Internet and enterprise computing infrastructure, including reliable,
available and scalable operating systems for workstations and servers
and software clustering solutions for computing traffic management and
peer-to-peer distributed computing. Backed by more than $95 million in
investments from some of the world's leading technology companies,
including Compaq, Dell, Fujitsu, Hitachi, IBM, Intel, NEC, Novell,
Oracle, SGI and Toshiba, Turbolinux is headquartered near San Francisco
with offices around the world. For more information, visit the
Turbolinux Web site at www.turbolinux.com.
About Linuxcare, Inc.
Linuxcare, Inc. is a leader in providing comprehensive professional
services and solutions for Linux and open-source technologies. Linuxcare
helps original equipment manufacturers (OEMs), independent software
vendors (ISVs), Internet infrastructure vendors and Global 2000
companies maximize their success in putting Linux and open-source
solutions to work. The company, with funding from Kleiner Perkins and
corporate partners such as ITOCHU, Motorola, Oracle and Sun, hosts
http://www.linuxcare.com, a leading technical resource for Linux and
open-source solutions. Founded in 1998, Linuxcare is headquartered in
San Francisco with offices around the world. The company can be reached
at +1-415-354-4878.
Re:Hello Gentlemen (Score:1)
Re: (Score:1)
Re:Greetings (Score:1)
Re:Eerste posting! (Score:1)
And we care because...? (Score:1)
Necessities (Score:1)
Re:Any connection.. (Score:1)
Please see kt.zork.net [zork.net], I assume all the kernel cousins have moved too.
Oh, you da man! Yes, indeed, Kernel Traffic and all his cousins are there. Cheers to Zack for providing this excellent service despite being laid off by Linuxcare, cheers to you for letting me know, and fuckings to Linuxcare for leaving the old dead page lying around with no hint as to why it's gone stale.
Re:Kernel Traffic Update? (Score:4)
New Name (Score:1)
"Why, oh why didn't I take the BLUE pill..."
Re:This will be interesting. (Score:1)
Tin foil hat firmly in place
Mechanic: (Score:1)
Re:Hello Gentlemen (Score:1)
I wish I hadn't wasted all my moderator points on genuine moderation
--
Linux Companies Can Get Too Big... (Score:1)
NerdTreeHouse [nerdtreehouse.com]: It's NOT nerd news.
Re:I reckon... (Score:1)
Re:I reckon... (Score:1)
Re:I reckon... (Score:1)
Re:Kernel Traffic Update? (Score:1)
Re:Hello Gentlemen (T-Shirts!!) (Score:1)
Re:Linux Companies Can Get Too Big... (Score:1)
Web Page Matches (1 - 20 of about 24800)
based on Yahoo.com [yahoo.com]
So, you are correct when you say Now thats not right.
Re:Any connection.. (Score:1)
Re:Eerste posting! (Score:1)
Better Name in the Works (Score:2)
--
recieved (Score:1)
called "How to Spell".
Re:Kernel Traffic Update? (Score:1)
If they were to (stupidly, since I'm sure many people know of linuxcare mostly for kt.linuxcare.com) stop web hosting that page, I'm sure somebody else would step up and do it quite fast.
TurboCare (Score:1)
I'm a little surprised the article suggests dashed hopes for "LinuxLinux" (perhaps a la Little Caesar's PizzaPizza commercials).
Frankly, I'd love to see a company for Linux distros called 'TurboCare'. I would expect it to be Japanese owned, though, to match the various other 'Turbo-' names I saw in that country (e.g. 'TurboHeadphones'... that was a favorite).
Ah well... at least they didn't go with Pocari Sweat.
Re:And so it is written to be called (Score:1)
Correspondingly, TurboCare or LinuxLinux are the only options here.
Re:I reckon... (Score:1)
[root@sparky
This seems a good way out (Score:1)
" VA Linux Systems missed lowered expectations Tuesday, saying it will cut 25 percent of its staff and warning that profitability will arrive nine months later than planned." Article here. [cnet.com]
Re:Kernel Traffic Update? (Score:2)
He wasn't fired -- he was part of the layoffs.
Sorry to hear that you're unemployed, you were one of the shining stars of the old Linuxcare too. Glad to hear you're still in Italy; you always seemed the most vivacious while speaking Italian.
_Deirdre
Re:And so it is written to be called (Score:1)
I really hate any name with "Turbo" in it, though.
Turbo button on a 486.. augh.. Turbonium.. Turbolinux.. Don't they have any idea what a turbo is ?
Re:Any connection.. (Score:2)
Actually, Zack was hired by Linuxcare because he wrote Kernel Traffic and Kernel Cousins. They probably thought, "hey, it's GPLed, and if we lay him off we'll get it anyway so why are we paying him for it?"
The more you think about it, the more it sucks.
_Deirdre
Re:This will be interesting. (Score:1)
Hello Gentlemen (Score:1)
And so it is written to be called (Score:1)
Careturlinbo? Nah, college game that invloves drinking.
Turbolinuxcare? Sounds too much like original. Of course we already do have AOL Time Warner Netscape Glothax Megathorp. .
Re:I reckon... (Score:1)
Microsoft merge with Red Hat to form MicroHat!
VIA merge with Syntegra to form VIAgra!
This will be interesting. (Score:1)
It could actualy mean an even better Turbo Linux.
I reckon... (Score:2)
Now only one company to look for... (Score:4)
Part of a larger trend (Score:2)
This seems to have captured the interest of many in the IT market at the moment, and general opinion is that it will be a good thing for both companies. The two are well-matched and the takeover should give the new company the ability to provide a more complete service to its customers.
I think however that this will be part of a larger trend in the Linux and open source business community. What with the massive over-hyping of the potential market over the last few years we're in a saturation situation in which there are too many companies and not enough clients. So those companies that can't find business will either fail, or be bought out by the more successful companies, as we've seen here.
In fact, the market as a whole is somewhat skewed by the whole "Linux community" concept. We've seen companies give out shares to people for no real reason, and companies seem to have forgotten that they have a bottom line to think about in their rush to acquire assets that don't fit in with their business model. Expect to see companies that want to succeed start paring down the cruft and sticking to their core business.
With that in mind, start wondering who will be willing to take on /. when VA find it necessary to get rid of OSDN. I bet Microsoft would love to have it :)
Kernel Traffic Update? (Score:1)
Yaffa. (Score:1)
Re:fp (Score:1)
Any connection.. (Score:1)
..to the fact that there haven't been any new Kernel Cousins [linuxcare.com] on linuxcare.com for 12 days..?