Loki files Chapter 11 bankruptcy


— 1:05 AM on August 14, 2001

LinuxPorts is reporting that Loki, a small company that ported popular Windows based PC games to Linux, has filed for Chapter 11 bankruptcy due to a collective debt of $430,000. The mass majority of their debt, $330,000, is owed to Activision. The skeptical can find a PDF containing a scanned fax document carrying the case number of the bankruptcy filing at LinuxPorts.

Loki folding will be a unfortunate blow to helping expand Linux software library. Unfortunately it seems as if slow sales is what lead them to this situation. Is this closing represenative of the impossibility of Linux making it on the desktop?

 
   
Register
Tip: You can use the A/Z keys to walk threads.
View options

This discussion is now closed.