It looks like Mandriva, the Paris based Linux company, continues to be a fig leaf away from financial breakdown.

A recent report in LeMagIT, claims that Arnaud Laprvote, the company's chief executive, has found unnamed investors who are prepared to rescue the company, following months of rumours of financial turmoil, unpaid staff and other troubles.

Loosely translated, Laprvote says that he has had "found investors that have decided to invest in the company to return the group to balance and find a good business model," and that "community and users" no longer need to concern themselves.

Mandriva has a loyal following across Europe and Latin America, and can still claim to be one of the most friendly and innovative of GNU/Linux distributions. Sadly, its financial base hasn't been equal to its technical prowess. Unlike Ubuntu, Mandriva has never had the cash reserves it has needed to steady the ship and fund its growth, and has failed to trim its business model to take advantage of the prevailing winds.

For "confidentiality reasons" Laprvote was unable to disclose the identity of the investors, but most commentators assume the most likely candidate to be Linagora, a successful French open source company which expressed an interest in buying Mandriva earlier this year.