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Linux and Business


SuSE closes funding round. SuSE Linux announced the successful completion of a financing round amounting to EUR 15 million (13.9 million USD). The new lead investor e-millennium 1 is a Venture Capital Fund with an industrial investors' network such as Accenture, Beisheim Holding, Deutsche Bank, La Caixa, and SAP. Also tucked into the announcement is the fact that SuSE will be laying off 120 people by the end of the year.

C|Net sells LinuxDevices.com. LinuxDevices.com has returned to its roots. Founder Rick Lehrbaum has formed a company called DeviceForge, LLC and bought back the rights to the site from C|Net, which acquired the site from ZDNet when the latter company was absorbed.

Linux Professional Institute. The September edition of LPI News includes information on the Level 2 Beta Exams and a report on LPI's presence at LinuxWorld San Francisco.

LPI announced the next locations in a series of one-day events designed to introduce its new Level 2 certification program.

Alta Terra Ventures Corp.. Alta Terra Ventures, provider of BearOps Linux products, announced that it has signed an agreement with the major shareholders of Univolve Corporation to purchase the company. Univolve is a private Alberta-based software company whose major thrust is reactive keyboard and compression technology with text-prediction software that is built on a Linux platform.

Alta Terra Ventures also announced that it has appointed Kudzu Enterprises LLC of Minneapolis, MN, to act as its primary software title distributor in the United States.

More information about the BearOps line can be found on this week's Distributions page.

Linux Stock Index for September 27 to October 02, 2001.
LSI at closing on September 27, 2001 ... 21.00
LSI at closing on October 02, 2001 ... 21.37

The high for the week was 21.53
The low for the week was 21.00

Press Releases:

Open source products

Distributions and bundled products

Hardware running Linux

Proprietary Products for Linux

Products and Services Using Linux

Products With Linux Versions

Java Products

Books & Training

Partnerships

Personnel & New Offices

Financial Results

Linux At Work

Other

Section Editor: Rebecca Sobol.


October 4, 2001

 

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