LynuxWorks withdraws IPO
Jun 21, 2001 — by Rick Lehrbaum — from the LinuxDevices Archive — viewsEmbedded 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.”
This article was originally published on LinuxDevices.com and has been donated to the open source community by QuinStreet Inc. Please visit LinuxToday.com for up-to-date news and articles about Linux and open source.