Is Mandriva Finished This Time?
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Is Mandriva Finished This Time?
by Susan Linton - Jan. 06, 2012Comments (8)
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Public details are still a bit sketchy, but if the various forum posts are accurate, Mandriva will most likely shut their doors on January 16. Mandriva has had a long history of financial problems and this latest one could be the one to take Mandriva out. But then again, Mandriva always seems to pull one out of the hat at the last minute. After all, all they need is a whole lot of money.On the Mandriva Forum, Raphaël Jadot, a long-time contributor, wrote, "everything was fine, but there is a big problem: a minor shareholder (Linlux) refuses the capital injection required for Mandriva to continue, even though the Russian investor had offered to bear it alone. Except turnaround Mandriva should cease activity Jan. 16." No further details were made available there. But as news crept around the various forums more did emerge.Today, Wolfgang Bornath posted the text from a letter shareholders received from M. Dominique Loucougain, president of the executive board of Mandriva SA dated December 23, 2011. It provided proof to him that the news was true. He wrote on the Mageia Forums, "In late December the CEO sent a notice to all share holders. Mandriva needs a raise in capital, otherwise it will have to cease operations on Januar 16th. The main investor (russians) is ok with the raise and declared that they would give the money all by themselves if necessary. But the former main investor Occam (who now is Linlux) does not agree to the raise." The letter Wobo referred to said, "Mandriva sent a letter to the relevant judge, describing the situation that LinPlus for no reason is blocking a procedure which will decide on the continuity of the company or its bankruptcy. Plans to sue LinPlus are still open." Then he added we should know Mandriva's fate within a couple of weeks. This scenaro is the very reason Magiea was born. It might be ironic that this news was tacked on a conversation about the advancing position of Mageia in Distrowatch.com Page Hit Rankings. It has been in the top 10 for at least the data spanning the last six months. It currently sits at number 8 for data spanning the last 30 days. While the news about Mandriva is sad, it's always sad when they are teetering on the edge of oblivion, but if the worst should happen, Magiea is there.
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8 Comments
 
by an anonymous user on Jan. 06, 2012You do realize that even if Mandriva folds...it will continue on because the people from connectiva or rosalabs will still be around and still be packaging and developing. Mandriva is only the French organization/company...not the entire distribution.
1 Votes
by devnet on Jan. 06, 2012Neither Connectiva nor Rosa Labs will fold though and they do most of the work on Mandriva...so the company name may fold but the distro will live on.
1 Votes
by Michael on Jan. 06, 2012Some remarks :
- Linlux ( previously Occam ) is owning 42% of the total shares, and so, I would not really call them minor. Especially if they were able to block the whole recapitalisation process.
- Raphael is also working part time at Mandriva, so he is indeed more impacted than users, and has a rather broad view and likely some obligations to not divulgue much ( likely due to usual restriction of corporation, especially public one, nothing unusual here ).
Most people do not understand why Linlux would block. Some people think this is to may be to make sure that their shares are bought by the russian investors. IE, they want to sell their shares at the best price they can, in order to not lose too much. And the only way to do is to find incentive for people with enough money ( ie NGI ) to buy them. Saying "we will not say yes unless you buy our shares" is a very effective way.
0 Votes
by LLStarks on Jan. 06, 2012Farewell, Mandriver.
0 Votes
by an anonymous user on Jan. 09, 2012distrowatch page hit rankings have nothing to do with usage. they only measure, by uniqie IP, how many times the homepage of the website of a particular distribution is accessed.
0 Votes
by Roger Davis on Jan. 12, 2012Linux is shell owned by Occam in Luxembourg which is acquired by Bryan Garnier in 2009. Acquisition detail is available in the publish official report of bryan garnier of 2009 financial report. So its factually incorrect to say Bryan garnier has no role to play, it is playing big role from back door and through their employee Marc Goldberg.  Olivier Garnier will have lot of explanation to do as he is the owner of bryan garnier, why he is killing French open source company.
Marc Goldberg was earlier Chairman of Mandriva board before joining bryan garnier. According to minutes of the shareholder meeting of Mandriva official published documents. Marc Goldberg who is now employed by bryan garner resigned from Mandriva chairmanship just 1 day before mandriva was applying for bankruptcy in May 2010, according to minutes of the shareholder meeting recored in registerer. That time chamber of commerce gave 65% discount on the debt of Mandriva ( that time lot of employee become unemployed due to closure of Mandriva subsidiary of Edge-IT).
So linlux (occam) bryan garnier is again playing with the lives of french employee. Mandriva has recently won 2 big projects and its try to establish itself but its seem bryan garner wants to again destabilize open source foundation of France.
Mandriva new investor NGI wants to invest in Mandriva , will not only enhance French IT company eco-system but also retain French employment but bryan garnier stop it for their personal interest. Olivier Garnier has to explain to community why he is against open source, is Microsoft paying bryan garnier to play dirty.
0 Votes
by an anonymous user on Jan. 13, 2012Hooray!!!
0 Votes
by Vrata Beograd on Mar. 13, 2012Mandriva will definitely shut their doors on January 16 ...
0 Votes
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