List of Microsoft sellouts (desktop/server Linux) is down from 4 to just 3
Some here may remember that both Xandros and Linspire signed patent protection deals with Microsoft in 2007.
Steven Vaughan is close to the people at Linspire, so he was fast with a detailed report.
Neither company, at this time, has confirmed either the deal or the amount that exchanged hands to make it happen. According to a source close to the acquisition, the approximately $1-million loan that Linspire had made to Xandros several years ago did not play a role in this transaction. That loan, the source said, had been settled for pennies on the dollar.
Lisa Hoover gathers some bits and pieces.
Linspire CEO Larry Kettler alerted stockholders this afternoon of the decision to sell all of Linspire’s assets, including the company’s free version, Linspire, and its Click N’ Run desktop installation platform.
We’ll keep this post updated as new details, if any, arrive. █