Turbolinux
Turbolinux was a Japanese Linux distribution targeting Asian users. Linux distribution. The Turbolinux distribution was created as a rebranded Red Hat distribution by (then) Pacific HiTech employee Scott Stone. Scott was the lead release engineer through version 3.6. Turbolinux was notable for including licensed copies of CyberLink PowerDVD and Windows Media binary codecs. Company. Cliff Miller and Iris Miller started TurboLinux in 1992 under the name Pacific HiTech, Inc. in the basement of their home in Salt Lake City, Utah., PHT changed its name to Turbolinux in June 1999 to better identify with its flagship product. In January 2000 , Turbolinux received $57 million in investment from Compaq Computer, Dell Computer, Intel, and other companies. The Millers were "terminated without cause" from Turbolinux in July 2000 after a disagreement with venture capitalists. In October 2000, the company filed an S-1 with the Securities and Exchange Commission. The S-1 indicates that revenue was $2.932 million for the six months ended June 30, 2000. After several rounds of layoffs, Turbolinux sold its name and distribution to Japanese software corporation SRA in September 2002. The former headquarters at Brisbane, California closed its doors shortly thereafter and all operations were relocated to  Shibuya, Tokyo. Turbolinux completed an IPO on the Osaka Stock Exchange in September 2005 underwritten by Nikko Citigroup, Livedoor Securities Co. Ltd., and Mizuho Investors Securities Co., Ltd. Dissolution. On December 31, 2019, TurboLinux announced that it was immediately ceasing operations.