by oneafrikan on July 9, 2005
Mark Shuttleworth and Canonical Ltd, founders of the popular Ubuntu Linux-based operating system, have today announced the creation of The Ubuntu Foundation with an initial funding commitment of US$10m.
The Ubuntu Foundation will employ core Ubuntu community members to ensure that Ubuntu (www.ubuntu.com) will remain fully supported for an extended period of time, and continue to produce new releases of the distribution. As a first step, the Foundation announces that Ubuntu version 6.04, due for release in April 2006, will be supported for three years on the desktop and five years on the server.
The Foundation was established on July 1st 2005 with an initial funding commitment of US$10 million, to ensure the continuity of the Ubuntu project and create a legal vehicle that represents the community structures of the project.