Lindon, UTAH — (press release) — Lineo, Inc., a leading developer of embedded Linux system software, today announced that it has now received over $37 million in investment money, mostly from strategic investors. The investment dollars are targeted at continuing to build the company's strength within the rapidly emerging embedded Linux market.

The investors include: Access; Acer Group; Arima; Astoria Capital Partners, LP; Citrix Systems, Inc.; Compal Electronics, Inc.; DaiShin Information & Communications Co., LTD; Egan Managed Capital; First International Computer (FIC); Global Alliance; J & W Seligman & Company; Hikari Tsushin; MITAC; Mistubishi; Motorola; Samsung. Of these, Motorola and Egan Managed Capital have previously been announced.

About Lineo, Inc.

Lineo, Inc. develops, markets and sells embedded Linux system software and applications that provide OEMs and consumers with simple, low-cost software for interacting with the Internet via embedded devices. Lineo owns the Embedix product family including Embedix Linux, Embedix SDK and Embedix Browser. Lineo also owns other technologies designed to improve connectivity while reducing system requirements and per-unit costs.

 
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