Turbolinux Sells Linux Business

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."

Comments

Clarifications; did SRA spend their $mil well?

[sam_handelman]

I'd like to thank Bachoom (the author of the little blurb) for all his excellent work in writing car manuals and stero instructions (Do not to the measurement! There will be a great occurence!) I say this to all my Japanese friends - use the grammer checker, dude.

Babelfish translation of the story itself (his link) is pretty incomprehensible - don't bother, but let me clarify: SRA bought the entire company, 100% of the stock. SRA will continue to operate in an independent fashion, however, at least for a while (I think).

Does Turbolinux have any debts, or was all the venture capital stock purchases?

We can all agree that TurboLinux inc. was a financial failure of epic proportions (distro was good, I think). The question is - did SRA make a good buy for their $1 million dollars? I don't know much about SRA, but they seem to provide Linux-based consultancy in Japan, where Turbolinux is a very popular distro. If their core consultancy (and training? I can barely read japanese - the corporate babble on the SRA website is utterly incomprehensible) business is viable at all, and TLinux remains popular in Japan, I think this was an excellent buy.