“Motorola’s wholly owned Metrowerks subsidiary plans to invest
$22.5m in Lineo, a Linux software and applications developer.”
“The mobile phone giant said Metrowerks will acquire three
million of Lineo’s shares – about eight per cent of Lineo’s issued
capital stock. The Linux developer has also agreed to sell Motorola
two million warrants to be converted into common shares of
Lineo….”
“The investment and strategic partnership will result in
joint products and services from all three companies, said Shlapak.
The companies will work on combining Lineo’s embedded Linux
product, Embedix, with Metrowerk’s CodeWarrior Integrated
Development Environment for the next generation of embedded
products. CodeWarrior for Embedix will support Motorola PowerPC,
ColdFire, M-Core and 68K architectures.“