Wind River Buys Mobile Linux Firm
Alameda-based Wind River, a provider of embedded software products, said Thursday afternoon that the firm has signed an agreement to acquire MIZI Research, a Korean firm focused on mobile LInux development. According to Wind River, it will pay up to $16M in cash to acquire substantially all of the outstanding shares of MIZI. MIZI Research develops a mobile application platform based on embedded Linux, which is used by consumer electronics firms to develop mobile phones and other products. MIZI is based in Seoul, and has 65 employees.
posted on Friday, August 29, 2008
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