(SUNW) Industry Leaders Invest in Caldera Systems Inc.Business Editors/Computer Writers OREM, Utah--(BUSINESS WIRE)--Jan. 10, 2000 Sun, Citrix, Novell, SCO (The SCO Group, Lindon, UT, www.sco.com) A leading vendor of Unix operating systems for the x86 platform. SCO had also offered Linux, but abandoned the line in the spring of 2003. The SCO Group is the combination of two companies: Utah-based Caldera, Inc. , Egan-Managed Capital and Chicago Venture Partners Take Equity Positions in Linux Company Caldera caldera: see crater. caldera Large, bowl-shaped volcanic depression that forms when the top of a volcanic cone collapses into the space left after magma is ejected during a violent volcanic eruption. The term is Spanish for “caldron. Systems Inc. Monday announced that it has received $30 million in private equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. from technology and investment leaders including: -- Sun Microsystems Inc. -- Citrix -- Novell -- SCO -- Chicago Venture Partners -- Egan-Managed Capital Caldera Systems will use the capital provided by these investors to fund operations and accelerate the growth and acceptance of Linux. "We are encouraged by the support of these technology leaders -- which we take as an endorsement of the Linux industry as a whole and the Open Source movement in particular -- and we look forward to their strategic counsel," said Ransom Love, president and chief executive officer of Caldera Systems Inc. "Given our strategic goal of enabling access to any application on any platform with any device, an investment in a Linux company such as Caldera makes perfect sense," according to John Cunningham, Citrix chief financial officer. "Sun's investment in Caldera is a testament to our support of Open computing," said Jonathan Schwartz, vice president of Sun's Equity Investment Portfolio. "We're the leading provider of UNIX server systems and a longtime supporter and supplier of Open Source technologies," said Mike Orr, senior vice president of marketing, SCO. "We look forward to furthering the relationship with Caldera by working together on initiatives that bring Linux and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). closer together." "Novell is the broadest supplier of Net infrastructure software," said Carl Ledbetter, Novell senior vice president for business and corporate development. "We look forward to working with Caldera in the Linux market to create new platform options for our customers and new opportunities for our business." Caldera Systems Board of Directors With these investments, Caldera will be adding four seasoned executives to its board of directors, including: Ed Iacobucci, chairman and chief technology officer of Citrix and John Egan, former executive vice president of EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Corp. and current general partner of Egan-Managed Capital. "Caldera's position in Linux market attracted us to this investment," noted Egan of Egan-Managed Capital. "We look forward to broadening their presence in this emerging market." Caldera Systems Inc. Caldera Systems Inc. designs, develops and markets Linux-based business solutions, including OpenLinux, NetWare for Linux, Linux technical training, certification and support. Caldera Systems is a leader in, and supporter of Linux Standard Base See LSB. (LSB (Linux Standard Base) A standard interface (ABI) for Linux from the Linux Foundation (www.linux-foundation.org). Introduced in 2001 by the Free Standards Group, which later became the Linux Foundation, applications based on the LSB standard will run properly under ) and Linux Professional Institute (LPI (Lines Per Inch) The number of lines printed in a vertical inch. (language) LPI - A PL/I interpreter for IBM PCs and workstations. ftp://ftp.wustl.edu/mirrors/msdos/pli/runpli1a.arc. E-mail: <rcg@lpi.liant.com>. ). Caldera Systems offers a comprehensive line of services including on-site consulting, 24x7 support -- up to and including -- on-site board swap. Caldera Systems Authorized Linux Education Centers (ALECs) offer distribution-neutral Linux training and certification based on LPI certification standards. For information on Caldera Systems education and training, visit www.linuxeducation.com. Caldera Systems Inc. is based in Orem, with offices and 950+ resellers worldwide. Please visit Caldera Systems at www.calderasystems.com. In the U.S., please call 888/GO-Linux (888/465-4689). In Europe, please call 801/765-4999 or contact us via E-mail at linux@calderasystems.com. To become an OpenLinux reseller, please visit www.calderasystems.com/partners/var. About Chicago Venture Partners Chicago Venture Partners (CVP CVP central venous pressure. CVP abbr. central venous pressure CVP central venous pressure. CVP Central venous pressure, see there ) is a venture capital firm investing in growth stage technology companies in the United States. CVP is licensed as a small business investment company and, together with affiliated entities, manages more than $45 million. The technology emphasis includes the Internet, software, IT Services and telecommunications industries. During its first five quarters of investment activity, CVP provided expansion capital to seven companies, including Caldera Systems, IKANO Communications, PowerQuest Corp., Streamline Solutions, Perceptual Robotics, Alert Cellular and OpenOrders. Chicago Venture Partners is actively seeking additional investment opportunities. John Fife, its founder and managing general partner, can be reached by telephone at 312/297-7000 or via e-mail at info@chicagoventure.com. About Citrix Citrix Systems Inc. is the global leader in application-server software and services that offer "Digital Independence(TM)" -- the ability to run any application on any device over any connection, wireless to Web. Citrix's solutions enable organizations of all types, from major enterprises to emerging Application Service Providers (ASPs), to reach more users, with more applications, in more locations -- and achieve this with record speed, greater predictability and lower costs. Founded in 1989, Citrix today is one of the world's fastest-growing software companies, with more than 100,000 customers worldwide, including 99 of FORTUNE 100 firms. Its products, including MetaFrame(TM) software and Independent Computing Architecture Independent Computing Architecture (ICA) is a proprietary protocol for an application server system, designed by Citrix Systems. The protocol lays down a specification for passing data between server and clients, but is not bound to any one platform. (ICA Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. (R)), a core application-server technology, have been widely adopted by the corporate mainstream to achieve key business goals. The firm, which markets its solutions through value-added resellers, system integrators and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and licensees, is headquartered in Fort Lauderdale, Fla. Citrix is traded on the Nasdaq National Market under the symbol CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) and was recently named to the Standard & Poor's 500 Index. For more information, please visit the Citrix Web site at http://www.citrix.com About Novell (Nasdaq: NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ) Novell Inc. is the broadest supplier of net infrastructure software used to manage and integrate the diverse resources of private business networks and the Internet. Novell's consulting, developer, education and technical support programs are the most extensive in the network computing industry. For information on Novell's complete range of products and services, contact Novell's Customer Response Center at 888/321-4CRC (Cyclical Redundancy Checking) An error checking technique used to ensure the accuracy of transmitting digital data. The transmitted messages are divided into predetermined lengths which, used as dividends, are divided by a fixed divisor. (4272), or visit Novell's Web site at http://www.novell.com. Press may access Novell announcements and company information on the World Wide Web at http://www.novell.com/pressroom. About SCO SCO (NASDAQ: SCOC SCOC Supreme Court of Canada SCOC Second Coming of Christ SCOC System Control and Operations Concept SCOC Saginaw Community Outreach Center (Saginaw, Michigan) ), is a global leader in server-based software for networked business computing. SCO is the world's number one provider of UNIX server operating systems, and the leading provider of network computing software that enables clients of all kinds -- including PCs, graphical terminals, NCs, and other devices -- to have Webtop access to business-critical applications running on servers of all kinds. SCO designed Tarantella tarantella (târ`əntĕl`ə), Neapolitan folk dance that first appeared in Taranto, Italy, in the 17th cent. It had rapid 6–8 meter with an increasing tempo and was thought to cure the bite of the tarantula, which supposedly software, the world's first web-enabling software for network computing. SCO sells and supports its products through a worldwide network of distributors, resellers, systems integrators, and OEMs. For more information, see SCO's home page at www.sco.com. About Sun Microsystems Inc. Since its inception in 1982, a singular vision - The Network Is The Computer(TM) -- has propelled Sun Microsystems Inc. (Nasdaq: SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ), to its position as a leading provider of industrial-strength hardware, software and services that power the Internet and allow companies worldwide to ".com" their businesses. With $12.4 billion in annual revenues, Sun can be found in more than 170 countries and on the World Wide Web at http://www.sun.com. Caldera Systems Inc. is a Canopy Group holding under the Ray Noorda/Canopy Group Investment Co. Ray Noorda is the former chief executive officer of Novell Inc. (Nasdaq:NOVL) Caldera is a registered trademark of Caldera Inc. All other products, services, companies, events and publications are trademarks, registered trademarks or servicemarks of their respective owners in the U.S. and/or other countries. LINUX is a registered trademark of Linus Torvalds. SCO, The Santa Cruz Operation See SCO. Santa Cruz Operation - (SCO) A supplier of Unix systems for Intel microprocessors. They supply Xenix and Open Desktop. Founded in 1979, SCO became a public company in May, 1993 and trades on the Nasdaq National Market System under the symbol SCOC. , the SCO logo and Tarantella are trademarks or registered trademarks of The Santa Cruz Operation Inc. in the USA and other countries. UNIX is a registered trademark of The Open Group in the U.S. and other countries. |
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