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E*Trade and the Red Hat IPO.
Many of you will likely remember the troubles that some people had in
participating in Red Hat's IPO a year ago last August. Participants had to
pass through the gauntlet of E*Trade's questionnaire, followed by a last
minute reconfirmation dance when the IPO price was raised (to $7, split
adjusted). Most people probably thought that this story was closed long
ago, especially since, in the end, 1150 of the 1300 developers who
indicated interest in participating were able to do so (according to former Red Hat manager
Donnie Barnes).
As it turns out, the story was not over. One person who wished to
participate was Semyon Varshavchik, otherwise known as "mrsam." He was one
of those who never was successful in joining the IPO, and he was not
pleased. So he filed an arbitration claim against E*Trade, claiming that
he had been unfairly denied the opportunity to participate.
This case went on for a year. Over that year, some interesting things
turned up. For example, E*Trade appears to have "lost" 200,000 of the Red
Hat shares that were supposed to be distributed in the offering - 25% of
the total they were allotted. It also turns out that there was no
SEC-mandated requirement for the questionnaire that E*Trade made
participants answer. That much has been clear for a while, since companies
like VA Linux Systems and Caldera Systems were able to run community
offering programs without that formality.
In August, Mr. Varshavchik won his
case; he was awarded $14,800 in damages from E*Trade, plus interest and
legal fees. That is far short of the almost $55,000 requested, but is
still a clear victory.
Others who were denied the ability to participate in the IPO may want to
consider similar action. A great deal of information on this case may be
found in Mr. Varshavchik's
"etrouble" pages; it makes for interesting reading in any case. (See
also this
Slashdot article, which is were we found this story).
Free Standards Group releases Linux Development Platform Specification.
The Free Standards Group has
announced the release of the Linux Development Platform
Specification. The LDPS, first covered in the August 3 LWN Weekly Edition, defines a
base set of capabilities that all Linux systems should provide.
This set, along with some programming guidelines, is intended to
help application developers write code that is portable across
distributions.
SAP to release database under GPL.
SAP has
announced the forthcoming release of its SAP DB database
management system under the GPL. It will apparently be available
toward the end of the year. A site is being set up at sapdb.org to support the release
and subsequent development work.
Cnation Unveils Open Source Platform, BingoX.
Noting sites such as Fox Interactive and eToys.com as users, Cnation
announced
the release of their BingoX Web development environment as an
open source product. Based around Perl and Apache, "BingoX is an
open source, object oriented Web Application Framework written in
mod_perl that is meant to dramatically reduce the time required to
build large dynamic, database driven web sites and
applications". Cnation has released BingoX under the LGPL
license.
Vita Nuova to distribute Plan 9 in a box.
Vita Nuova has
announced its intention to sell a boxed version of the
Plan 9 operating system.
Press Releases:
Open Source Products
Unless specified, license is unverified.
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The Internet Software Consortium (REDWOOD CITY, Calif.) announced
the release of BIND 9, written by Nominum, Inc. under an ISC
outsourcing contract. BIND, an acronym for Berkeley Internet Name
Domain, is the most commonly used domain name server on the Internet
and implements the Domain Name System (DNS) suite of protocols.
Available as Open Source from the Internet Software Consortium, BIND 9
supports IPv6 and the DNS security enhancements specified by the
Internet Engineering Task Force.
Distributions and Bundled Products
- LinuxPPC Inc. (WAUKEHSA, Wisconsin)
announced that it has licensed the Hard Disk Toolkit*PE
partitioning tool from FWB Software, LLC.
- Red Hat has announced its support for
the entire IBM eServer line.
- SuSE Linux AG (Nuremberg, Germany)
announced that SuSE Linux 7.0 is tested and optimized for
Oracle8i.
- SuSE Linux AG announced their full
support for IBM eServers.
- VA Linux Systems has
announced the availability of a series of rack-mount servers with
the Debian distribution installed.
Commercial Products for Linux
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Forlink Software Corp. Inc. (BEIJING) announced that PC-Computing
Magazine has honored Forlink's full-text For-Search search
engine with its Five-star Product distinction in the New Product
category.
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Synopsys, Inc. (MOUNTAIN VIEW, Calif.) announced the availability
of a tool suite for high-level design on the Linux operating
system. In addition to the complete RTL synthesis solution with
Synopsys' flagship product Design Compiler, the list of Linux products
includes PrimeTime, Synopsys' gate-level static timing analysis tool
for System-on-a-Chip, Scirocco high-performance VHDL Simulator, and
Module Compiler.
Products Using Linux
- AMD has
announced the release of a simulator for its 64-bit processor
line. This simulator, which runs on Linux, allows the porting and
testing of code without the need for an actual x86-64 processor.
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Extended Systems (BOISE, Idaho) will embed the McAfee
VirusScan engine into its ExtendNet 4000 Internet appliance
and offer the service as an option to new customers or as an add-on to
existing customers.
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MSC.Software Corporation (LOS ANGELES/COSTA MESA, Calif.)
announced the release of MSC.visualNastran Desktop 2001 for Solid
Edge, built using MSC.Linux.
Products with Linux Versions
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Advanced Management Solutions Inc. (REDLANDS, Calif.) announced
that the Python programming language has been embedded into AMS
REALTIME, its suite of project and resource management software.
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BackWeb Technologies (SAN JOSE, Calif.) unveiled BackWeb
Foundation Release 6.0 and e-Accelerator v2.1, the next
major versions of BackWeb's Polite push-based communications
infrastructure solutions. A Linux port is in the works.
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Executive Technologies, Inc. (BIRMINGHAM, Ala.) announced
SearchExpress/Spider, a high-performance Spider and search
engine that can crawl the Internet or a corporate intranet to retrieve
and index millions of documents per day.
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FGL Graphics (MUNICH, Germany & SAN JOSE, Calif.) announced that
Fujitsu Siemens Computers, the manufacturer of CELSIUS workstations,
will integrate FGL Graphics' new Fire GL2 and Fire GL3
accelerators into all CELSIUS models.
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IBM (SOMERS, NY) introduced DB2 Everyplace, a compact
relational database. Embedded Linux support is new with this version.
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IBM (RESEARCH TRIANGLE PARK, N.C.) announced the IBM eServer(a)
xSeries(a) 330, a 1U thin server.
- MathSoft Inc., Data Analysis Division(SEATTLE) introduced S-PLUS 6 for UNIX, a major enhancement to
the company's statistical data mining software. It is initially available
for Linux and Solaris.
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MQSoftware, Inc. (MINNEAPOLIS) announced that it is enabling Q
Pasa!, its management tool for MQSeries, to work with
IBM's WebSphere software platform for e-business.
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PolyServe (BERKELEY, CA) announced an agreement with Network
Associates' McAfee division in which McAfee will begin co-branding and
distributing PolyServe products throughout their worldwide sales
channels. PolyServe's Understudy and LocalCluster products will be
marketed as McAfee Understudy and McAfee LocalCluster.
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SGI (MOUNTAIN VIEW, Calif.) announced several enhancements to its
support services, resulting in more choices and increased
flexibility for customers receiving support from SGI. This includes
Linux and IRIX support.
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Tech Soft America (ALAMEDA, Calif.) announced the availability of
the HOOPS Internet Tools v2.0. HOOPS Internet Tools are
composed of the HOOPS/Stream, HOOPS/ActiveX, and HOOPS/Netscape
Toolkits, as well as source-code references for both the ActiveX and
Netscape Plug-in environments.
Java Products
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Saffron Technology (RESEARCH TRIANGLE, N.C.) announced commercial
availability of SaffronOne, which integrates with any
Java-enabled IT platform to observe interactions between people and
computers, locate experts in the context of user needs, and then use
that information to predict relevant and accurate outcomes.
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Sun Microsystems released the Java 2 Standard Edition SDK v1.3
for Linux. (Thanks to Greg Bailey).
Books and Training
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Jabber.com, Inc. (DENVER) announced it has reached a multi-faceted
instant messaging training and certification agreement with Kaivo, an
open source solutions provider. The agreement creates the first
Jabber Instant Message Training Program and Certified Developers
Network.
- LinuxCertified.com has announced a
Linux certification bootcamp, to be held in the San Francisco Bay area
the weekend of November 18. Attendees get a Linux laptop as part
of the program.
- O'Reilly has announced the release
of Java Examples in a Nutshell, a book devoted entirely to
examples of Java code. Almost 18,000 lines worth. It's written by
David Flanagan.
- Sams Publishing has wasted no time in announcing the publication of Red Hat 7 Unleashed.
- TurboLinux has
announced that it will be doing a series of "Mission Possible"
seminars with IBM.
Partnerships
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eOn Communications Corporation (MEMPHIS, Tenn. and BIRMINGHAM,
Ala.) announced an expanded partnership with E Tech Communications,
Inc. in which E Tech will market, install and service eOn's new
Linux-based eNterprise communications systems.
- EBIZ and LinuxMall.com have finally
announced the completion of their merger. Given that they had
announced the finalization of the agreement in August, this last
step has taken a while. The company remains in Arizona, and there
is no longer talk of calling the whole thing "LinuxMall.com."
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EBIZ Enterprises Inc. (SCOTTSDALE, Ariz.), parent company of
TheLinuxStore.com, announced an exclusive partnership with User
Friendly Media Inc. The partnership will see the creation of a
vendor-neutral online mall specializing in Linux-related products and
services, branded with the characters from the User Friendly daily
episodic cartoon strip.
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Rackspace Managed Hosting (SAN ANTONIO) announced a partnership
with WebTrends Corporation, which will provide Rackspace
customers with analysis of the behavior patterns and preferences of
visitors to their Web site using WebTrends' software.
Investments and Acquisitions
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Dialtone Internet, Inc. (FT. LAUDERDALE, Fla.), a provider of
Linux dedicated hosting and colocation solutions, announced the
completion of a $2.0 million round of financing. Funds
were raised from CrossBow Ventures, and are earmarked for
International expansion in Latin America, Europe and Asia.
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Northern Lights, Inc. (TOKYO), a Linux-based system solutions
provider, announced that Intel Capital has invested in the
company. Financial details were not disclosed.
- TurboLinux has
announced the receipt of another $30 million in venture
funding. The investors include Fujitsu, Hitachi, IBM, SGI, Dell, and
Intel.
Financial Results
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Motorola, Inc. (SCHAUMBURG, Ill.) reported sales of
$9.5 billion in the third quarter of 2000.
New Offices/Personnel
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MontaVista Software, Inc. (SUNNYVALE, Calif. & MUNICH, Germany),
developer of the Hard Hat Linux operating system for embedded
applications, announced the inauguration of its direct presence in
Germany with a new office in Munich.
Other
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PalmWorks Inc. (LEAGUE CITY, Texas) announced it is changing its
name to Zydant Corporation. President and CEO, James T. Voss
is quoted, "At Zydant, our goal is to provide the best applications,
content and services for all Wireless PDA devices whether they are
based on PalmOS(R), Windows(R)CE or Linux(R) operating systems."
Section Editor: Rebecca Sobol.
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October 12, 2000
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