Editing Berkeley Software Design (section)

== Mergers and sale ==

In 1999, the BSDI employees sought an [[initial public offering]] and installed a new president to reach this goal as soon as possible given the recent success of the [[Red Hat]] IPO in the [[Linux]] market. Unfortunately, this strategy was not successful and soon after Rob Kolstad had exited the company, it was facing bankruptcy.

In 2000 the company merged with [[Walnut Creek CDROM]], a distributor of [[freeware]] and [[open source software]] on [[CD-ROM]] and shortly after that acquired Telenet System Solutions, Inc., an [[Internet]] infrastructure server supplier.<ref>{{cite web |url=http://findarticles.com/p/articles/mi_m0EIN/is_/ai_62661886 |title=BSDi Acquires Telenet System Solutions, Inc.; The New BSDi to Deliver Internet Infrastructure-Grade Software, Systems and Solutions, ''Business Wire'' |publisher=Findarticles.com |date= |access-date=2014-06-20 |archive-date=2012-07-19 |archive-url=https://archive.today/20120719203854/findarticles.com/p/articles/mi_m0EIN/is_/ai_62661886 |url-status=live }}</ref>

In 2001, under severe financial pressure from excessive leverage, BSDI (known as BSDi by that time) sold its software business unit (comprising BSD/OS and the former Walnut Creek [[FreeBSD]] and [[Slackware Linux]] open source offerings) to [[Wind River Systems]] and renamed the remainder [[iXsystems]] with a renewed focus on server hardware.<ref>{{cite web |url=http://findarticles.com/p/articles/mi_m0EIN/is_2001_April_4/ai_72739922/pg_1?tag=artBody;col1 |title=Wind River to Acquire BSDi Software Assets, Extending Development Platforms to Include Robust UNIX-based Operating Systems for Embedded Devices, ''Business Wire'' |publisher=Findarticles.com |date= |access-date=2014-06-20 |archive-date=2012-07-13 |archive-url=https://archive.today/20120713103108/findarticles.com/p/articles/mi_m0EIN/is_2001_April_4/ai_72739922/pg_1?tag=artBody;col1 |url-status=live }}</ref> Wind River dropped sponsorship of Slackware soon afterwards<ref>{{cite web
 | title = Slackware Commercial Distribution Left in Doubt as Developers Are Laid Off
 | publisher = Linux Today
 | url = http://www.linuxtoday.com/infrastructure/2001041701420NWSL
 | access-date = 2013-08-14
 | archive-date = 2014-03-18
 | archive-url = https://web.archive.org/web/20140318002416/http://www.linuxtoday.com/infrastructure/2001041701420NWSL
 | url-status = live
 }}</ref> and the FreeBSD unit was divested as a separate entity FreeBSD Mall, Inc. in 2002.<ref>{{cite web |author=Bob Bruce |url=http://www.freebsdmall.com/cgi-bin/fm/history.html |title=Company History |publisher=FreeBSD Mall |date= |access-date=2014-06-20 |archive-date=2013-12-14 |archive-url=https://web.archive.org/web/20131214233856/https://www.freebsdmall.com/cgi-bin/fm/history.html |url-status=live }}</ref> Faced with competition from open-source BSD- and Linux-based operating systems, Wind River discontinued BSD/OS in December 2003. Many of its technologies live on in community-led BSD derivatives like FreeBSD.<ref name="bsdnews">{{cite web |url=http://www.bsdnewsletter.com/2003/09/News105.html |title=Wind River terminating BSD/OS |publisher=Bsdnewsletter.com |date= |access-date=2014-06-20 |archive-date=2014-08-28 |archive-url=https://web.archive.org/web/20140828121947/http://www.bsdnewsletter.com/2003/09/News105.html |url-status=live }}</ref> In 2002, OffMyServer acquired the iXsystems hardware business and reverted to the iXsystems name in 2005.<ref>{{cite web|url=http://www.emediawire.com/releases/2005/11/emw308540.htm |title=OffMyServer Renames Company iXsystems |publisher=Emediawire.com |access-date=2014-06-20 |url-status=dead |archive-url=https://web.archive.org/web/20090830175005/http://www.emediawire.com/releases/2005/11/emw308540.htm |archive-date=2009-08-30 }}</ref>