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LynuxWorks files IPO S-1 statement with SEC

Oct 25, 2000 — by LinuxDevices Staff — from the LinuxDevices Archive — 1 views

San Jose, CA — (press release excerpt) — LynuxWorks announced today that it has filed with the Securities and Exchange Commission a registration statement relating to the proposed initial public offering of its common stock. All of the shares will be sold by LynuxWorks.

LynuxWorks' solutions provide customers with the capabilities of both a real-time operating system and an open source Linux operating system through its two principal products, LynxOS and BlueCat Linux. LynxOS is an embedded real-time operating system that is based on open standards and is Linux compatible. BlueCat Linux is an open-source Linux-based operating system specifically tailored for embedded systems. LynuxWorks also provides software development tools and applications that are important for developing and enhancing the performance and functionality of its embedded operating systems. In addition, LynuxWorks offers custom engineering and consulting services to enable its customers to develop and customize its products for their specific needs. LynuxWorks' customers are primarily embedded systems developers in the communications and Internet infrastructure, aerospace and defense, office equipment and consumer electronics, and industrial controls and medical devices industries.

The shares will be offered by an underwriting group managed by Deutsche Banc Alex. Brown, Prudential Volpe Technology Group, a unit of Prudential Securities, Dain Rauscher Wessels, and ABN AMRO Rothschild LLC.

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