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[News] Investors Dig Mobile Linux - $30 Million Venture Capital

Investors Like Mobile Linux Too

,----[ Quote ]
| Developers and phone geeks look at Linux-based cell phones
| and see the promises of open source -- Investors, on the other
| hand, see green. Venture buyout firm Garnett & Helfrich
| Capital said it is buying Linux mobile software company
| Celunite1 with an initial investment of $30 million.
| VentureWire put the price tag at $100 million over the
| next four years for the year-old company based in
| Sunnyvale, California.
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http://gigaom.com/2006/10/17/garnett-celunite/

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