Canonical and its path to the IPO, the culprit for what happened to the future of Ubuntu

We have already talked about the changes Canonical is making in recent times. We have already seen how he abandoned Ubuntu Touch to end his dreams for convergence, in addition to dynamiting Unity as we have seen to unify Ubuntu projects with Ubuntu GNOME and banish Unity Shell. Ubuntu distributions are guaranteed, neither it nor its flavors will disappear in the near future, but it is true that they will no longer be the same because of the dream they now have of conquering the very flourishing and important IoT sector for Canonical , in addition to the reinforcement of interest in the cloud and other sectors such as the automobile.

And all this is because Canonical founder Mark Shuttleworth is taking an interest in this sector and is leading his company towards the IPO preparing a route that you have already established. IPO, for those of us who are not familiar with this term, is the acronym for Initial Public Offer, that is, a public offering in which shares of the private company Canonical are launched for the first time to the general public and that moment is approaching.

IPO is usually done by young companies in looking for capital to be able to invest and expand your business plansIn other words, what Canonical is looking for is to empower itself and become an even bigger company with more capacity for its projects. I hope that this also brings improvements for the Ubuntu distribution, which I think is what affects home users the most. So soon, everyone who buys shares will be able to become owners of a small part of the company and I hope that together they will position it in a position like SUSE or Red Hat.

But what do not affect your commitment to Ubuntu, which is the star product that has positioned them where they are, despite the fact that they have had other interesting projects for other sectors. But I think that when you think about the Canonical brand the first thing that comes to mind is Ubuntu, I hope that this IPO brings improvements for the entire community and does not become a company, as has sadly happened with others, that be dominated and guided by the interest of its investors.

 


The content of the article adheres to our principles of editorial ethics. To report an error click here!.

A comment, leave yours

Leave a Comment

Your email address will not be published.

*

*

  1. Responsible for the data: AB Internet Networks 2008 SL
  2. Purpose of the data: Control SPAM, comment management.
  3. Legitimation: Your consent
  4. Communication of the data: The data will not be communicated to third parties except by legal obligation.
  5. Data storage: Database hosted by Occentus Networks (EU)
  6. Rights: At any time you can limit, recover and delete your information.

  1.   Miguel said

    What is IPO and what is IoT?