Mandrake Linux files for bankruptcy

CNET.news.com post : MandrakeSoft, the financially strapped creator of the Mandrake version of Linux, said Wednesday it filed for the French equivalent of bankruptcy protection from creditors.

One of the best  Linux OS has run out of money. I guess Mandrake 9 is the last Mandrake release you will get to use.

In a statement on the company’s Web site, the Paris-based company said its financial liabilities prompted it to file for “declaration de cessation des paiements,” the French equivalent of Chapter 11 bankruptcy protection. The move allows the company to take court-overseen actions such as renegotiating its debt while continuing its operations.

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