The Wall Street Journal reports that Microsoft plans to be “a minority investor in a roughly $70 million round of equity financing that values Cyanogen in the high hundreds of millions.”
Why is this important? Because Cyanogen CEO Kirt has openly declared that his company’s goal is to end Google’s control over Android and make it a truly open-source mobile platform that many have long hoped for.
Microsoft to Invest in Rogue Android Startup Cyanogen
blogs.wsj.com
Microsoft is investing in Cyanogen, a startup building a version of the Android mobile-operating system outside of Google's auspices.
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