Search /
Advanced search  |  Help  |  Site map
Click for Layer 8! No, really, click NOW!
Networking for Small Business
Heartbleed bug is irritating McAfee, Symantec, Kaspersky Lab
Server makers rushing out Heartbleed patches
6 Social Media Mistakes That Will Kill Your Career
Canonical's new Ubuntu focuses on the long haul
4 Qualities to Look for in a Data Scientist
Big bucks going to universities to solve pressing cybersecurity issues
Mozilla appoints former marketing head to interim CEO
Box patches Heartbleed flaw in its cloud storage systems
Obama administration backs disclosing software vulnerabilities in most cases
6 Amazing Advances in Cloud Technology
Collaboration 2.0: Old meets new
Data breaches nail more US Internet users, regulation support rises
With a Wi-Fi cloud service, Ruckus aims to help hotspot owners make money
How to get Windows Phone 8.1 today
Secure browsers offer alternatives to Chrome, IE and Firefox
10 Big Data startups to watch
Big data drives 47% growth for top 50 public cloud companies
Here are the options with Heartbleed-flawed networking gear (Hint: there aren't many)
Akamai admits its OpenSSL patch was faulty, reissues keys
Second Google Glass user attacked in San Francisco in two months
Microsoft puts the squeeze on Windows to shoehorn it into 16GB devices
An unnecessary path to tech: A Bachelor's degree
Heartbleed Bug hits at heart of many Cisco, Juniper products

VA Linux IPO soars almost 700%

Today's breaking news
Send to a friendFeedback

VA Linux Systems' share value today rose nearly 700% following its initial public offering, setting a record for a first-day percentage gain on Wall Street.

VA Linux, which started the day with an offer price of $30, saw its shares rise to a high of $320 before closing at $239.25, up a whopping 697.5 %, on a volume of 7.68 million shares.

VA Linux distributes and services the open-source Linux operating system, which is seen by some as a potential alternative to Microsoft's Windows operating system. Linux is much less widely used than Windows, but has been touted by some as a strong, low-cost platform for Web servers.

"There is the belief that Linux will be the alternative operating system (to Windows) and that it has the potential for supplanting Microsoft," says Tim Bajarin, president of Creative Strategies of San Jose.

Red Hat, another Linux distributor, went public Aug. 11 at $14 a share and has since seen its stock rise to $286.

VA Linux Systems, in Sunnyvale, Calif., is at +1-408-542-8600, or at


Tell us your thoughts on this article or the issues it raises.

NWFusion offers more than 40 FREE technology-specific email newsletters in key network technology areas such as NSM, VPNs, Convergence, Security and more.
Click here to sign up!
New Event - WANs: Optimizing Your Network Now.
Hear from the experts about the innovations that are already starting to shake up the WAN world. Free Network World Technology Tour and Expo in Dallas, San Francisco, Washington DC, and New York.
Attend FREE
Your FREE Network World subscription will also include breaking news and information on wireless, storage, infrastructure, carriers and SPs, enterprise applications, videoconferencing, plus product reviews, technology insiders, management surveys and technology updates - GET IT NOW.