May 2, 2001

Linuxcare, Turbolinux reverse merger plan

Author: JT Smith

Here's CNet's take on the decision to call off the merger: "After three months of operating as a single company, Turbolinux and Linuxcare have called
off their merger because of difficulties joining the companies' finances and operations.

Facing a chilly investor environment regarding the Linux operating system, the two companies
announced their intent to merge in January and closed the deal Feb. 21. The justification was that
Linuxcare's specialization on services complemented Turbolinux's product emphasis, but now it
appears the two different businesses didn't dovetail so smoothly after all." More from ZDNet.

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