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Azingo to raise Rs 200 cr

,----[ Quote ]
| Azingo, a US-based company that offers a complete open Mobile Linux stack,
| will be raising $50 million (approximately Rs 240 crore) in a Series-B
| funding from US-based private equity firm Garnett Helfrich Capital and a few
| strategic partners by the end of the current financial year. The company,
| which has its research and development (R&D) centres in Hyderabad and Pune,
| had earlier received $30 million (Rs 125 crore) from Garnett.
`----

http://www.business-standard.com/com...o=329186&tab=r

Even the world's #1 mobile phone company admits that Linux is poised to thrive.


Recent:

Nokia looks beyond Symbian to Linux

,----[ Quote ]
| With a 47.9 percent stake in Symbian, the leading mobile platform that it
| co-founded in 1998 and which today powers some 206 million mobile phones,
| Nokia has long championed it at the expense of rival platforms such as Linux.
|
| No longer.
|
| The mobile-phone maker is increasingly selecting Linux for Internet-enabled
| mobile devices, with its CFO declaring of Linux, "It's going to be terribly
| important."
`----

http://news.cnet.com/8301-10784_3-9949262-7.html


Nokia eyes wider usage of Linux in cellphones

,----[ Quote ]
| "It's going to be terribly important," Nokia's Chief Financial Officer Rick
| Simonson told an investor conference when asked about the role of Linux-based
| tablets.
|
| He said the company has been developing the next generation of Linux-based
| products, which are starting to come to the market.
`----

http://uk.reuters.com/article/techno...07696020080520


Nokia "definitely" preparing Linux-based phones, flavor unknown

http://www.engadget.com/2008/05/20/n...lavor-unknown/
http://tinyurl.com/3usutw


Nokia: Linux to become more popular on Mobile Devices

http://stuff.techwhack.com/3687-nokia-linux
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