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Non-Tech : LINUX STOCKS: FIND THEM NOW, RETIRE EARLY -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (368)3/16/2000 7:49:00 AM
From: puborectalis  Read Replies (3) | Respond to of 377
 
Could this be the impetus to move LNUX back to mid 150's? Acquisitions for Linux Company

By BLOOMBERG NEWS

UNNYVALE, Calif., March 15 -- VA Linux Systems Inc., a
maker of software and computers that run the Linux operating
system, agreed today to buy two closely held companies for a total of
$239 million to widen its product offerings.

VA Linux will pay $200 million in cash and stock for the San
Diego-based TruSolutions, which designs Linux-based server computers.
That is about 1.8 million VA Linux shares and $10 million in cash. It will
pay about $39 million for NetAttach of Santa Clara, Calif., which
developed a Linux technology for storage devices. That is $10 million in
cash and 286,000 shares.

VA Linux wants to become the dominant supplier of information and
products based on Linux, a rival to the Microsoft Corporation's
Windows 2000 software. Last month, it agreed to buy Andover.Net
Inc., whose Web sites offer news and forums for Linux programmers.
Linux is gaining corporate customers that base their Internet sites on the
free operating system.