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MandrakeSoft Files for Bankruptcy Protection

Posted by michael on from the goodwill-not-enough-to-live-on dept.

An anonymous reader writes "It's official: MandrakeSoft has filed a 'declaration de cessation des paiements' - the French equivalent of a U.S. Chapter 11 bankruptcy filing. From a statement issued by the company: 'This reorganization of liabilities enables MandrakeSoft to continue its current operations, which are showing increases in revenue and significant decreases in expenses. MandrakeSoft's strategic partners are supporting the company in this process and the MandrakeSoft team is focused on continuing to deliver high quality services and products to its customers.' Best wishes to MandrakeSoft as they work through this process."

6 of 379 comments (clear)

  1. And all I can say is good riddance by ikewillis · · Score: 0, Troll

    Yes, Mandrake, the distro which brought us a horribly hacked SYSLINUX, hacked so poorly the author publicly denounced it on his web page. The distro that brought us aurora, the gimpy graphical bootloader supposed to hide all those scary startup messages behind a confused looking cross eyed penguin. The distro with the gimpy ANSI art in /etc/issue The distro which the previous admin saw fit to deploy on my network, even though it's an administrative and security nightmare. Well, let me be the first to ask... how was MandrakeSoft expecting to make money? Anyone? Anyone?

  2. I wish I were a major investor of Mandrakesoft by Hairy_Potter · · Score: 0, Troll

    cuz I'd sue for full possession of their source code, and then become a Linux millionaire!

  3. can't say i'm surprised by Snafa · · Score: 0, Troll

    who didn't see this coming?

    good riddance of a bad distro.

  4. Teh funny by unicron · · Score: 1, Troll

    I honestly feel bad for the french clerk responsible for handing out these "surrender" forms. He HAS to be the busiest man on earth. Pit traders on Wall Street has less stressful jobs than he does.

    --
    Finally, math books without any of that base 6 crap in them.
  5. Mandrake is *dead* by Penguinoflight · · Score: 1, Troll

    Just when Freebsd is about to make a big hit, mandrake dies. Serves you GUI freaks right!

    Well, they're probably not dead, but it would be funny if they were.

    --
    "And we have seen and do testify that the Father sent the Son to be the Savior of the World"
    1 John 4:14
  6. Re:Here is your chance! by numark · · Score: 0, Troll

    You know Red Hat's stuff is cooler anyways :)

    --
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