SALT LAKE CITY, Dec. 18 /PRNewswire/ -- Lineo(R), Inc., a leading innovator of operating systems, host development environments and vertical solutions for the embedded market, today announced the results of recent changes, including the removal of hardware businesses and changes to the executive team, along with another round of investment. Collectively, these changes have increased Lineo's focus on its core business of providing embedded operating systems, tools, host development environments and professional services that create solutions for target vertical markets, including the handheld, residential gateway and digital television products. "Lineo has undertaken a series of well-executed changes over the past several months as part of an ongoing program to focus on core software offerings to the embedded market," said Matthew Harris, Lineo CEO. "The changes were also implemented in response to current economic conditions. In September, we cut headcount and we advanced plans to spin-off those portions of our business with a significant hardware element. This has left Lineo in a position to do what it does best: provide market-leading tools, OS and vertical solutions to silicon partners and OEM customers. Lineo is now solely focused on meeting the needs of these core partners and customers. Our sharpened focus has resulted in accelerated growth in design wins." The spin-offs include the removal of several Lineo hardware products, including: Availix (high-availability hardware systems / Paris), uCdimm (microcontroller hardware / Toronto) and SnapGear (residential gateway hardware / Brisbane). Lineo maintains a sales presence in Canada and France. Matthew Harris is Lineo CEO. Former CEO Bryan Sparks continues as a Lineo board member and advisor to the company. The rest of the executive team consists of Alford Frost as SVP marketing; Tim Bird as CTO; Barbara Clickner as SVP engineering; Craig Shank as SVP strategic operations; Rich Larsen as SVP sales and services; Mark Novakovich as VP finance; Raj Sidana as VP services and Michael Nilson as VP human resources and administration. Lineo recently received almost $3 million in additional financing from internal investors. About Lineo Lineo(R), Inc. provides embedded systems and real-time solutions covering the full spectrum of embedded development, including operating system software, host development environments, professional services and vertical solutions. Lineo distributes solutions allowing OEMs to create smart embedded devices and systems while helping OEMs to reduce system requirements, per-unit costs and time-to-market. Lineo's key product lines include: Embedix(R) SDK (a fully featured and integrated embedded developer tool chain), Embedix(R) (embedded Linux system software for MMU-less and MMU-full processors), Embedix BridgeWorks(TM) (operating systems and tools for multiprocessor device support and legacy code migration) and RTXC(TM) Quadros(TM) (a highly configurable microprocessor and DSP real-time operating system). Contact Lineo at http://www.lineo.com, via e-mail to firstname.lastname@example.org or by calling (801) 426-5001. Lineo and Embedix are registered trademarks of Lineo, Inc. Embedix BridgeWorks and Quadros are trademarks of Lineo, Inc. Linux is a registered trademark owned by Linus Torvalds. All other products, services, companies and publications are trademarks or registered trademarks of their respective owners. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X18353756
SOURCE Lineo, Inc.