Mandrakesoft Raises 3.05 Million Euros

Mandrakesoft, the makers of Mandrake Linux, appear to be firmly out of the red. According to their site, “Mandrakesoft closed a 3.05 million euros increase of capital via subscription for 508,333 new shares at 6 euros per share, an increase in shares of 10.58%. Shares outstanding are now 5,312,889. […]The strengthened balance sheet reinforces Mandrakesoft’s capacity to grow both organically and externally toward the corporate market.

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