Cavium Networks to acquire MontaVista Software

Cavium Networks has a press release announcing that it has reached agreement to acquire embedded Linux vendor MontaVista Software. The deal is for $50 million in combined cash and stock. "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." (thanks to Sven-Thorsten Dietrich.)

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