Canonical’s Mark Shuttleworth says he has no plans to sell anytime soon [TechCrunch Blog]
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Source: TechCrunch Blog
After IBM announced its plans to acquire Red Hat for $34 billion, pundits quickly started speculating about when Red Hat competitors like Suse and Canonical would sell as well. Canonical founder Mark Shuttleworth, though, doesn’t seem to have any interest in selling — at least for the time being. “I value my independence,” he told me during a brief chat on the outskirts of the OpenStack Summit in Berlin today. In part, that’s because he simply doesn’t personally need the money but also because he’d like to see his vision for Canonical and Ubuntu through to the end. When he sold Thawte Consulting to Verisign for $575 million in 1999 , people asked him if was about to go on a lifelong vacation. And while he used some of that money to become the second space tourist (and fund his philanthropic foundation ), he clearly has no interest in that. Still, he allowed for one circumstance that would get him to sell: if it allowed him to accelerate
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