Editing Turbolinux (section)

====Turbolinux, Inc. era====
In 1999-06-08, Pacific HiTech announced its name is changed to Turbolinux, Inc., coinciding its expansion of its North American operations.<ref>{{cite web|url=http://www.turbolinux.com/news/pr/namechange.html|title=PACIFIC HITECH CHANGES NAME TO Turbolinux - Leading Global Linux Provider Adopts Name Of Its Flagship Product Line In Preparation For Expansion Into North American Market|archiveurl=https://web.archive.org/web/20000817214858/http://www.turbolinux.com/news/pr/namechange.html|archivedate=2000-08-17}}</ref>

In January 2000, Turbolinux received $57 million in investment from Compaq Computer, Dell Computer, Intel, and other companies.<ref>{{cite web|url=https://archive.nytimes.com/www.nytimes.com/library/tech/00/01/biztech/articles/17linu.html
|title=The New York Times On The Web: Linux Vendor Set to Get $57-Million Infusion |date=2000-01-17 |author=John Markoff}}</ref>

The Millers were "terminated without cause" from Turbolinux in July 2000<ref>{{cite web|url=https://lwn.net/2000/features/Turbolinux-ipo.php3|title=LWN: Turbolinux files for an IPO}}</ref> after a disagreement with [[venture capitalists]].<ref>{{cite web|url=http://www.linux.com/feature/16703|title=Linux.com}}</ref>

In October 2000, the company filed an S-1 with the Securities and Exchange Commission.<ref>{{cite web|url=https://sec.report/Document/0001036050-00-001887/ |title=Form S-1 Turbolinux Inc S-1 - General form for registration of securities under the Securities Act of 1933 |date=2000-10-30}}</ref>  The S-1 indicates that revenue was $2.932 million for the six months ended June 30, 2000.<ref>{{cite web|url=https://sec.report/Document/0001036050-00-001887/ |title=Form S-1 Turbolinux Inc S-1 - General form for registration of securities under the Securities Act of 1933 |date=2000-10-30}}</ref>

After several rounds of layoffs, Turbolinux, Inc. and Software Research Associates, Inc. announced in 2002-08-20 the acquisition of Turbolinux, Inc. by Japan-based Software Research Associates, Inc. (SRA). The transferred company would retain a U.S. office, and became SRA's fully-owned subsidiary.<ref>{{cite web|url=http://www.turbolinux.com/company/news/2002/020820.html|title=Software Research Associates Acquires Turbolinux Linux Software Business |archiveurl=https://web.archive.org/web/20071025110328/http://www.turbolinux.com/company/news/2002/020820.html|archivedate=2007-10-25}}</ref><ref>{{cite web|url=http://www.turbolinux.com/company/news/2002/aug/tl0820.shtml|title=株式会社SRA、 Turbolinuxグループ各社を傘下にLinux事業に本格的参入|archiveurl=https://web.archive.org/web/20130525201340/http://www.turbolinux.com/company/news/2002/aug/tl0820.shtml|archivedate=2013-05-25}}</ref> The acquisition was originally set to 100,000 shares (100% stake) for ¥100,000,000,<ref name=sra20020820 /> but final cost was ¥150,000,000.<ref>[https://web.archive.org/web/20030315012925/http://www.sra.co.jp/public/sra/ir/others/20020930.pdf 米国Turbolinux, Inc. の営業の一部譲受けおよびターボリナックスジャパン株式会社の株式取得（子会社化）に関するお知らせ (平成14年8月20日開示の追加)]</ref> In 2002-09-04, Turbolinux, Inc. announced renaming of TurboLinux Japan, K.K. to Turbolinux, Inc. that had taken place 3 days earlier.<ref name="ターボリナックス株式会社 新社名ならびに新役員人事を発表">[https://web.archive.org/web/20130525161338/http://www.turbolinux.com/company/news/2002/sep/tl0904.shtml ターボリナックス株式会社 新社名ならびに新役員人事を発表]</ref> The US Turbolinux was renamed to Centerlex, and would continue the server provisioning software business based on the PowerCockpit product line, which SRA did not purchase.<ref>[https://web.archive.org/web/20140813032941/https://www.nikkeibp.co.jp/archives/202/202126.html 「経営不安を払拭できた」---SRAがターボリナックスを買収]</ref><ref>[http://xtech.nikkei.com/it/free/NBY/NEWS/20020820/2/ SRAがターボリナックスを買収，Linux事業を強化]</ref><ref>[https://web.archive.org/web/20021015213130/http://techupdate.zdnet.com/techupdate/stories/main/0,14179,2878631,00.html Turbolinux future uncertain]</ref> In 2003-02-25, Mountain View Data, Inc. announced the acquisition of PowerCockpit.<ref>[https://web.archive.org/web/20070715220228/http://www.gridcomputingplanet.com/news/article.php/1598571 Mountain View Data Acquires PowerCockpit]</ref><ref>[http://www.theregister.com/2003/02/25/cofounder_buys_turbolinuxs_linux_windows/ Co-founder buys Turbolinux's Linux, Windows cluster software - PowerCockpit goes to Mountain View Data]</ref> The acquisition affected PowerCockpit versions 2.0 of above.<ref>[https://web.archive.org/web/20041022021132/http://www.powercockpit.com/us/pcp_overview.pdf PowerCockpit Technology Overview Version 2.0, Spring 2003]</ref>

In 2004-03-15, livedoor Co., Ltd. and Software Research Associates, Inc. announced the complete acquisition of Turbolinux, Inc. by livedoor, with transaction set to close in 2004-05-06.<ref>[https://web.archive.org/web/20070203075802/http://corp.livedoor.com/pressroom/pressrelease/content?id=278 株式交換によるターボリナックス株式会社の完全子会社化に関するお知らせ]</ref><ref>[https://web.archive.org/web/20040806001143/http://www.sra.co.jp/public/sra/ir/others/20040315.pdf 株式交換による当社完全子会社ターボリナックス株式会社の子会社異動について]</ref>

In 2005-08-05, Turbolinux, Inc. announced issuing 10,000 new shares of common stock to be available to apply between 2005-09-08 and 2005-09-12, and livedoor Co., Ltd. selling 9,000 shares of common stock to public in 2005-09-15.<ref>[https://web.archive.org/web/20071004210739/http://www.turbolinux.co.jp/about_us/ir/news/05080501_hakkoketsugi.pdf 公募新株式発行及び株式売出しのお知らせ]</ref> In 2005-09-07, Turbolinux, Inc. announced the offered stock price to be ¥100,000 per share.<ref>[https://web.archive.org/web/20071005013939/http://www.turbolinux.co.jp/about_us/ir/news/05090701_joukenkettei.pdf 公募増資等の価格決定のお知らせ]</ref>

Turbolinux completed an [[Initial public offering|IPO]] on the [[Osaka Stock Exchange]] in September 2005 underwritten by [[Nikko Citigroup]], [[Livedoor]] Securities Co. Ltd., and [[Mizuho Investors Securities Co., Ltd.]]<ref>[http://post.tokyoipo.com/ipo/3879/37772005090703.pdf 新株式発行並びに株式売出届出目論見書の訂正事項分 (平成17年9月 第2回訂正分) ターボリナックス株式会社]</ref>

In 2009-05-01, TL HOLDINGS, Inc./TL Holdings Corporation (TLホールディングス株式会社) announced Turbolinux, Inc. would be run under holding company structure, with TurboLinux Inc., Turbo Solutions Co., Ltd., Zend Japan Ltd., and other overseas group enterprises being subsidiaries of TL HOLDINGS, Inc.<ref>{{cite web|url=http://www.tl-holdings.com/news/090501.html|title= ターボリナックス・グループ、持株会社体制に移行|archiveurl=https://web.archive.org/web/20130302162137/http://www.tl-holdings.com/news/090501.html|archivedate=2013-03-02}}</ref>

In 2009-05-18, TL HOLDINGS, Inc. announced relocation of Turbolinux, Inc., effective 2009-06-01.<ref>[https://web.archive.org/web/20090521212931/http://www.tl-holdings.com/news/090518.html オフィス移転のお知らせ ]</ref>

In 2013-03-31, TL HOLDINGS, Inc. announced it would be renamed from TL HOLDINGS, Inc. (TLホールディングス株式会社) to TurbolinuxHD Corporation (ターボリナックスHD株式会社) in 2013-04-01.<ref>[https://web.archive.org/web/20160410170908/http://www.geo-nx.com/info/20130401tlhd 社名変更のご案内]</ref>

In 2014-04-01, GEONEXT Corporation announced renaming from TurbolinuxHD Corporation (ターボリナックスHD株式会社) to GEONEXT Corporation (株式会社ジオネクスト) in the same day.<ref>[https://web.archive.org/web/20160415152541/http://www.geo-nx.com/info/20140327 社名変更のお知らせ]</ref>

In 2019-04-01, FHT holdings Corp. announced renaming from GEONEXT Corporation to FHT holdings Corp. (株式会社FHTホールディングス) in the same day.<ref>[http://www.fht-hd.com/info/20190401_i01 社名変更のお知らせ]</ref>

=====Dissolution=====
On 2019-10-15, FHT holdings Corp. announced the dissolution of Turbolinux, Inc., with dissolution set at 2019-12-31, and liquidation ending at the end of March 2020. The remaining Turbolinux assets were to be sold to Turbo Systems Co., Ltd.<ref>{{cite web|url=http://www.fht-hd.com/info/20191015fht|title=連結子会社の解散に関するお知らせ|date=15 October 2019 }}</ref>