Cavium to purchase MontiVista for $50 million

Cavium to purchase MontiVista for $50 million

Posted by
Mike Johnston
in Linux News
Thursday, November 12. 2009
Comments (0)
A startup networking chip company named Cavium plans to purchase MontiVista, one of the first embedded linux companies.

According to the press release on the MontiVista website:

 

After the acquisition, MontaVista Software will run as a separate operating unit and will retain the MontaVista brand name. In addition, Cavium Networks will continue the MontaVista business model and support embedded Linux on multiple architectures from multiple processor vendors. MontaVista will maintain its own dedicated and focused engineering, sales and product management staff. MontaVista's customers and partners will see no change in customer facing field operations and the web-based support and product download sites will be maintained and enhanced over time.

According to Cavium:

"Software is becoming an increasingly important part of the total solution with the rapidly increasing adoption of multi-core processors.", said Syed Ali, President and CEO of Cavium Networks. "This acquisition will complement Cavium's market leading processor portfolio with world-class software expertise and will enable us to deliver highly compelling and differentiated solutions to the market."

 You can learn more about the respective companies on their websites: Cavium, MontiVista

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