TAIPEI, Taiwan — Foxconn has reportedly made a strategic investment in Android-based open source platform developer, Cyanogen. The investment was part of an $80 million series C funding round for Cyanogen which completed its course in March this year.
“We’re evolving Android and creating an open computing platform that will change the way consumers interact with their mobile devices,” said Kirt McMaster, CEO of Cyanogen.
“Foxconn and our diverse group of strategic investors and partners reflect the mobile value chain, from device manufacturers and mobile network operators to chipset makers and 3rd-party developers. They see the great potential of what we’re doing in creating the next major paradigm shift in mobile computing.” added Kirt McMaster.
Cyanogen’s official release in light of this development reads as follows: “As the third leading mobile operating system, Cyanogen is known for its commercial operating system, Cyanogen OS, and open source community distribution CyanogenMod that the company backs.”
