After weeks of concern about the "catastrophic state of it's finances" and an indefinite delay in the release of version 2010.1, the French website LeMagIT is reporting that Mandriva has been saved by new investors. The article quotes Mandriva Director General Arnaud Laprévote: "Today the company found investors who decided to invest in the company, in order to give balance to the organization and to find a good economic model." He added that "the community and users no longer need be concerned." Due to regulations regarding confidentiality the identity of the new investors was not disclosed. Laprévote went on to explain: "we were aware that the existence of Mandriva was threatened, and today that is no longer the case."
There has been a great deal of speculation regarding potential buyers for or investors in Mandriva, with two companies, Lightapp and Lingora, receiving the most attention. On June 14 Frederic Cuif, one of the founders of the Association of French-Speaking Users of Mandriva Linux, had written a blog post expressing the concerns of Mandriva users and employees. He added additional names to the rumors circulating at that time, including the company Wallix and two former Mandriva chairmen: François Bancilhon and Stanislas Bois.
Mr. Laprévote's comments regarding the continuing development of the current Mandriva Linux distribution were reassuring: "Today Mandriva is reinventing itself. We detected new opportunities on the desktop as well as on servers, as well as opportunities to strengthen existing markets such as education."
Mandriva's current offerings include a Linux distribution for the desktop, an Enterprise Server edition, and professional systems administration tools. Arnaud Laprévote became Director General of Mandriva on April 9.