Asianux members to create joint-venture company

The three Asianux partners have agreed to set up a joint venture, according to an executive familiar with the deal.

Three Asian software companies that make up the Asianux consortium plan to create a joint-venture company this year to promote and develop their version of the Linux operating system, according to an executive familiar with the deal.

Asianux is a Linux distribution jointly developed by China's Red Flag Software, South Korea's Haansoft and Japan's Miracle Linux. The three partners cooperate on development of the operating system and then distribute the software under their own brand names.

For several months, the partners have discussed the idea of establishing a joint venture to promote development of the Asianux operating system and to attract new members from other parts of Asia, including India, Singapore and Malaysia.

"We expect to have the joint-venture company up and running by the end of April," said Larry Geng, Red Flag's product marketing manager responsible for Asianux. The new entity, which will be based in Beijing, will be able to better coordinate development work on Asianux and will help to bring in more members, he said.

Down the road, the Asianux partners will consider the prospect of taking the joint venture public on a U.S. stock exchange, such as Nasdaq. "That's a possibility," Geng said.

Geng said Asianux is not just looking to recruit software companies as Asianux members, saying the group also wants to see individual developers play a role. He declined to comment on how ownership of the Asianux joint venture will be split among the three existing Asianux partners, saying that all members, including future participants, will be on an equal footing when it comes to development of the software.

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