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Upside: Lineo plays Pac Man in embedded Linux space

May 04, 2000, 12:56 (0 Talkback[s])
(Other stories by Sam Williams)

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"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."

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