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LynuxWorks withdraws IPO

Jun 21, 2001 — by Rick Lehrbaum — from the LinuxDevices Archive — views

Embedded operating system vendor LynuxWorks, Inc. has decided to abandon it's plan for a near term IPO. LynuxWorks offers an embedded Linux distribution called “BlueCat Linux” and also a proprietary real-time operating system called “LynxOS”.

In a brief statement filed with the U.S. Securities and Exchange Commission (SEC) today, LynuxWorks CEO Dr. Inder Singh said “The Company has elected not to proceed with the offering due to general market conditions.”

 
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