Acquisitions
On October 4, 2004, Mandrakesoft acquired the professional support company Edge IT, which focused on the corporate market in France and had 6 employees.
On February 24, 2005, Mandrakesoft acquired Brazilian Linux distributor Conectiva for €1.79 million (2.3 million US dollars at the time).
On June 15, 2005, Mandriva acquired Lycoris (formerly, Redmond Linux Corporation).
On October 5, 2006, Mandriva signed an agreement to acquire Linbox, a Linux enterprise software infrastructure company. The agreement included the acquisition of all shares of Linbox for a total of $1.739 million in Mandriva stock, plus an earn out of up to $401,000 based on the 2006 Linbox financials.
On January 30, 2012, Mandriva announced that the external entity bid was rejected by a minority share holder and the deal did not go through. At the end of the first semester 2012, a solution to the situation that had appeared in January of the same year was found and a settlement achieved. Mandriva is now owned by several different shareholders and entirely recapitalized.
Read more about this topic: Mandriva