Lindows Opens Door for IPO, Sues Xandros
Embattled Linux software maker Lindows announced Tuesday that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. The filing reveals that Lindows is suing Xandros, which sells a competing desktop Linux package based on products developed by Corel, over a $750,000 loan that Lindows alleges Xandros defaulted on (Lindows and Xandros shared code and some business 2-2.5 years ago but their relationship went sour about 1.5 years ago). That case is still in the discovery phase, according to the filing.