“When it comes to company growth, few companies have been as
eager or as aggressive in the embedded Linux space as
Lineo.“
“For the last six months, the Caldera Inc. (CALD) spinoff has
played corporate Pac Man, gobbling up smaller companies at a pace
of one acquisition per month. Lineo, which makes Embedix, is
pushing to broaden its technology and engineering base.”
“‘Overall, I think the embedded market is fairly fragmented,’
says Lineo chief executive officer Bryan Sparks. ‘With more
companies and developers moving to Linux, it’s ripe for some kind
of consolidation.'”
“On Monday, the Lindon, Utah-based company received another $37
million in game tokens to help finance its habit. The funding comes
from a wide array of manufacturers — Motorola (MOT), Mitsubishi,
Citrix Systems (CTXS) — and venture investment firms — Egan
Managed Capital, J & W Seligman — and bears all the markings
of a pre-IPO bandwagon ride.”