March 6, 2001

Lineo plans to acquire Convergence Integrated Media

Author: JT Smith

From PR Newswire: Lineo, Inc. a leading innovator
in embedded systems, real-time and high availability solutions, today
announced it has obtained a signed letter of intent to acquire Convergence
Integrated Media. Convergence is the leading developer of operating systems
and software for digital communications products, such as personal video
recorders (PVR) and digital versatile disk (DVD) devices. With this
acquisition, Lineo is enhancing its position as the first and only provider of
Linux-based development tools for digital television products. Terms of the
deal are not being disclosed.
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