April 17, 2007 1:24 PM PDT
Mandriva raising new funds for Linux business
The bulk of the money is from OCCAM Capital, a European investment fund that focuses on computing and telecommunications markets, which is donating 2 million euros and getting two seats on Mandriva's board. More funds are from earlier investors, including Millennium Partners, Windhurst Participation, and two executives, Jacques Le Marois and Francois Bancilhon. All shareholders will be eligible to participate on similar terms.
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