Cyanogen Sets Up Shop in India
Cyanogen, an open-source developer for mobile operating system will open an office in India in the next three months. These reports have come from a senior company executive. It is also planning to acquire a few startups here in the country.
The U.S based firm has acknowledged the potential of custom OS’ in the smartphone market in India. Evident by the increasing number of smartphone users by each passing day.
“India is very attractive. It is one of the hyper-growth markets for mobiles today,” said Vikram Natarajan, senior VP of global partnerships and distribution at Cyanogen.
He added, “Cyanogen’s India team, is expected to be 50-members strong in about a year’s time. The Indian team, will be based either in Bengaluru or Delhi.”
CyanogenMod started off as a free open source project that helped users across the world update and reconfigure their smartphones belonging to any phone manufacturer. The aftermarket firmware distribution company would release latest Android versions even when the companies stopped rolling any Android updates for their own phones as we have seen in the past.
The custom OS firm is also set to acquire smaller companies and teams here to pick out talents for their venture in India. It will invest a part of the latest $80 million finance that it received from investors like Premji Invest, Twitter Ventures, Qualcomm and others.