Xandros to buy Linspire?
Practical Technology is reporting that Xandros is buying Linspire. According to Practical Technology, In an announcement that was sent out on June 30, to Linspire stockholders, CEO Larry Kettler wrote he had decided to sell all of Linspire's assets. This deal specifically includes Linspire, Freespire and the company's CNR (Click 'N Run) desktop installation platform.
Neither company, at this time, has confirmed either the deal or the amount that exchanged hands to make it happen. The former CEO of Linspire was not happy though. He wrote on his blog that Linspire founder Michael Robertson has once again completely disregarded the 100 some-odd shareholders of Linspire by pulling off this deal without a shareholder meeting. He was quite critical of Michael Robertson on his blog post.
Technorati Tags: Linspire, Xandros, Practical Technology, Freespire, Click N Run
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