Home / Tag Archives: desktop

Tag Archives: desktop

Don’t expect Ubuntu maker Canonical to IPO this year

Canonical , the company best known for its Ubuntu Linux distribution, is on a path to an IPO. That’s something Canonical founder and CEO Mark Shuttleworth has been quite open about. But don’t expect that IPO to happen this year. “We did decide as a company — and that’s not just my decision — but we did decide that we want to have a commercial focus,” Shuttleworth told me during an interview at the OpenStack Summit in Vancouver, Canada today. “So we picked cloud and IoT as the areas to develop that. And being a public company, given that most of our customers are now global institutions, it makes for us also to be a global institution. I think it would be great for my team to be part of a public company. It would be a lot of work, but we are not shy of work.” Unsurprisingly, Shuttleworth didn’t want to talk about the exact timeline for the IPO, though. “We will do the right thing at the right time,” he said. That right time is not this year, though. “No, there is a process that you have to go through and that takes time.

Read More »

Don’t expect Ubuntu maker Canonical to IPO this year

Canonical , the company best known for its Ubuntu Linux distribution, is on a path to an IPO. That’s something Canonical founder and CEO Mark Shuttleworth has been quite open about. But don’t expect that IPO to happen this year. “We did decide as a company — and that’s not just my decision — but we did decide that we want to have a commercial focus,” Shuttleworth told me during an interview at the OpenStack Summit in Vancouver, Canada today. “So we picked cloud and IoT as the areas to develop that. And being a public company, given that most of our customers are now global institutions, it makes for us also to be a global institution. I think it would be great for my team to be part of a public company. It would be a lot of work, but we are not shy of work.” Unsurprisingly, Shuttleworth didn’t want to talk about the exact timeline for the IPO, though. “We will do the right thing at the right time,” he said. That right time is not this year, though. “No, there is a process that you have to go through and that takes time. We know what we need to hit in terms of revenue and growth and we’re on track.” Getting the company on track was very much Shuttleworth’s focus over the course of the last year. That meant killing projects like the Ubuntu Phone (which Shuttleworth said was “painful,”) as well as the Unity desktop environment. Instead, the company’s focus is now squarely on helping enterprises stand up and manage their private clouds — no matter whether those run OpenStack, Kubernetes or a combination of those. That doesn’t mean Canonical has forgotten about the desktop, though.

Read More »