April 23, 2002

Update on Lineo recapitalization

Anonymous Reader writes, "LinuxDevices.com has published an update from Lineo CEO Matt Harris regarding Lineo's ongoing recapitalization process and new funding status. Quoting from the update: 'Is there any chance the process won't be over this week? No. The legal process is underway, the new money has already been coming in, the employee payments are starting, and the customer work and partner work will not miss a beat.' Read it here."


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