"VA Linux Systems Japan K.K. today announced that it has completed a private placement of 3,790 shares of its common stock to NTT COMWARE CORPORATION and NTT DATA CORPORATION, for gross proceeds of JPY 189 million.
Tetsuya Ueda, president and CEO said, "I believe that VA Linux's valued skills on the Linux Kernel and Open Source software made this financing possible. This event is not only strengthening cooperation between NTT COMWARE CORPORATION, NTT DATA CORPORATION, and VA Linux, but also accelerate the Linux deployment in carrier-grade enabling technologies in enterprise market. And further, I assume this relationships strengthen our brand image.""
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