Software developers Wind River Systems Inc. and Red Hat Inc. said on Monday that they would team up in an effort to push the Linux operating system beyond personal computers into a range of industrial and commercial devices.
Shares of Wind River, which sells software for gadgets such as networking equipment, industrial robots and consumer electronics, also reported better-than-expected earnings results that pushed its shares higher by as much as 20 percent. Red Hat's share price fell 2.5 percent.
The moves comes as Linux, the freely available operating systems that has become a popular choice for networked computer servers, becomes popular in the device software market, where software is built in-house or purchased from companies such as Wind River and Microsoft Corp.
Under the partnership deal, Wind River will develop software with Red Hat for Linux-based devices such as cell phones and set-top boxes.
News source: Reuters