Mandriva

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Mandriva (merger of Mandrakesoft and Conectiva) is a French software company, and creator of Mandriva Linux. Describing itself as a "project initiator and a skills organizer in the Open Source arena", Mandriva is also founding member of the Desktop Linux Consortium.

Mandriva was created (as MandrakeSoft) in 1998, and has offices in the USA and France. The management team consists of:

Mandrakesoft operated under bankruptcy protection from January 27, 2003 to March 30, 2004. Despite its efforts to cut losses and improve profits, Mandrakesoft was forced to file for protection due to a series of quarterly losses. The déclaration de cessation de paiement (similar to the US Chapter 11) gave the company protection from its creditors. Mandrakesoft recorded its first quarterly profit since 1999 of 270,000 euros on 1.42 million euros of revenue during the period between October 2003 and December 2003.

Shares of Mandrakesoft are again being traded on the Euronext Marché Libre exchange (ISIN code MLMAN) and on the US OTC market (Stock symbol MDKFF).

On January 24, 2005, Mandrakesoft announced that it would acquire Brazilian Linux distributor Conectiva for the amount of 1.79 million euros (2.3 million US dollars at the time). On April 7, 2005, Mandrakesoft announced the decision to change the name of the company to Mandriva and their distribution name to Mandriva Linux.

External links

es:Mandriva fr:Mandriva it:Mandriva nl:Mandriva pl:Mandriva ru:Mandriva

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