Mark Shuttleworth, CEO of Canonical, has taken advantage of his stay at the OpenStack Summit 2017 to give important information about the company and about Ubuntu, its distribution.
First, Shuttleworth has wanted to quell the rumors you had about abandoning Ubuntu. Such information is false and Canonical will continue to prioritize Ubuntu for PC. Being its star project and the center of its activity. Something that was doubted after the closure of the development of Unity and Ubuntu Phone.
But these have not been the only information from the new CEO of Canonical. Shuttleworth will attempt to take the company public.
Canonical will continue to give importance to Ubuntu for PC
For this not only has eliminated projects that consumed resources and money it will also start a private investor round and then go public, which means Canonical will go public like other famous tech companies.
But most alarming is the fact that Shuttleworth will further improve the company's IPO position. That is, before such a thing happens, it may be that Canonical cancel more non-profit projects.
The most productive and beneficial products for Canonical have also been discussed. A) Yes, cloud technologies and IoT projects have made Canonical a leading company in these markets. Making large companies such as eBay, Netflix or Wallmart use their platform to offer their services.
Shuttleworth has acknowledged that It is not the first time that you have tried to take the company to the Stock Exchange, but at the time, in 2005, the company did not have these benefits or success within cloud technologies.
At the end Canonical's interest in the Stock Market has caused good projects to disappear, something negative for Free Software because not all projects give money. In any case, I hope they are the last projects to suffer from this, that is, that no more project has to be canceled.