Information AboutMandriva |
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Mandriva (merger of '''Mandrakesoft''', ''' Lycoris ''', 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 . 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 on €1.42 million 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 Bulletin Board (Stock symbol MDKFF). On January 24 , 2005 , Mandrakesoft announced that it would acquire Brazil ian Linux distributor Conectiva for the amount of €1.79 million (2.3 million US Dollar s 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. PRODUCTS
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