Breaking News
Comments
Newest First | Oldest First | Threaded View
mcgrathdylan
User Rank
Blogger
re: Cavium to buy MontaVista Software for $50 million
mcgrathdylan   11/13/2009 12:02:25 AM
NO RATINGS
Thanks for digging through MV's archives to highlight the level of investment the company has received. That's an important point that we should have included in the original story.

mkelly99
User Rank
Rookie
re: Cavium to buy MontaVista Software for $50 million
mkelly99   11/12/2009 7:10:53 PM
NO RATINGS
From MV's own news archives: Jan. 2001 - "The company also secured over $30 million in funding from key investors, including Intel Corporation" March 2002 - "MontaVista announced the investment Tuesday, but didn't disclose how much Panasonic is investing." April 2004 - "MontaVista Software, Inc., the company powering the embedded revolution, today announced four new investors - Siemens Venture Capital, which leads the funding, as well as Samsung Ventures America, Infineon Ventures and China Development Industrial Bank. These investments in MontaVista Software, an embedded Linux platform and tools supplier, increase the company's cash reserves by $7 million. The total investment in MontaVista Software, since it was formed in 1999, is now more than $72 million." Dec. 2006 - "MontaVista Software, Inc., the leading global supplier of production-quality embedded Linux operating systems and development tools, today announced it has secured $21 million in funding led by Siemens Venture Capital. Also participating were NEC, Alloy Ventures, US Venture Partners, Aplix and others" They make it all sound so exciting and certainly if your business is to get funding and burn it, then they did a great job! At least $83M turned into $16M cash and stock that itself may or may not be worth anything! Great job Jim Ready, can you say Ponzi?

mkelly99
User Rank
Rookie
re: Cavium to buy MontaVista Software for $50 million
mkelly99   11/11/2009 7:09:48 PM
NO RATINGS
Has anyone bothered to add up all the money sunk into MV over the years? I seem to remember $20M from Intel alone a few years back. What does this say about Linux as a business???

rain1977
User Rank
Rookie
re: Cavium to buy MontaVista Software for $50 million
rain1977   11/11/2009 1:39:59 PM
NO RATINGS
CAVM can give turkey solution now!



EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Aging Brass: Cow Poop vs. Horse Doo-Doo
Max Maxfield
38 comments
As you may recall, one of the things I want to do with the brass panels I'm using in my Inamorata Prognostication Engine is to make them look really old. Since everything is being mounted ...

EDN Staff

11 Summer Vacation Spots for Engineers
EDN Staff
11 comments
This collection of places from technology history, museums, and modern marvels is a roadmap for an engineering adventure that will take you around the world. Here are just a few spots ...

Glen Chenier

Engineers Solve Analog/Digital Problem, Invent Creative Expletives
Glen Chenier
11 comments
- An analog engineer and a digital engineer join forces, use their respective skills, and pull a few bunnies out of a hat to troubleshoot a system with which they are completely ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
45 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...

Flash Poll
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)