Cyanogen get investment for competition with Google




Cyanogen, the company behind CyanogenMod and commercial variant CyanogenOS, has an investment of $ 80 million – 73 million – got. With that money Cyanogen has to compete with Google.

Cyanogen Among the companies money in Cyanogen stop include Twitter, chipmaker Qualcomm, the Spanish telecommunications provider Telefonica and media magnate Rupert Murdoch. The investment is led by investment Premji Invest. That company says its conviction that Cyanogen the third mobile operating system market share can be, after Android and iOS.

The source code of the Android based CyanogenOS running on smartphones Alcatel, OnePlus and Micromax. The company was great with his free alternative Android version, CyanogenMod, which is available for most Android phones. The investment of $ 80 million means that the value of the entire company is estimated at one billion dollars, converted 914 million.

A top executive of Andreessen Horowitz, an investment company stopped earlier money in Cyanogen, says Forbes opposite that appmakers and chip bakers fear the dominance of Google. Although the source code of Android public are apps like Play Music and Google’s own Android Play Store deeper rooted than third-party alternatives. That’s some smartphone makers and competitive apps an eyesore.

Microsoft, which owns Windows Phone but a very small share of the smartphone market, would have been interested to stabbing money Cyanogen. Finally decided to abandon the software giant thereof proved earlier. However, Microsoft would like to make a deal with Cynanogen to deliver with Microsoft services such as Bing, OneDrive, Skype, Outlook and voice assistant Cortana. One smartphone maker according to Forbes even planning to start selling phones CyanogenOS and services, though the companies themselves yet confirmed.

In an interview with the business magazine says Cyanogen-CEO Kirt McMaster hoped that Cyanogen can attract developers who feel themselves cornered by Google and Apple. And he says he wants to make its operating system more open to external developers than do corporations. So should be able to set a user Spotify as the default music app.


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