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Turbolinux Sells Linux Business

Posted by CmdrTaco on from the can't-say-I'm-surprised dept.

bachoom writes "Today, NIKKEI(Japanese story) announced that Turbolinux Inc. sold worldwide Linux business to SRA, Japanese SI company. Turbolinux has burned through at least $100 million raised across three rounds from a dazzling collection of companies including Intel, IBM, and many Japanese companies. Currently, They were sold by $1 million."

1 of 209 comments (clear)

  1. Wait... by Rayonic · · Score: 5, Funny

    So they spent about $100 million in investor money, and now they're being sold for $1 million. In today's economy, doesn't that mean they turned a net profit?

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