Martyn Williams

(IDG News Service) — MontaVista Software Inc., a privately held developer of embedded Linux software, said Tuesday its revenue doubled in 2002 compared to the previous year. The company, which does not release detailed financial statements, said the growth meant it chalked up a record year. The only clue that Joe Samagond, a company spokesman, would give about the size of revenue was that it doubled from a two-digit million U.S. dollar figure to another two-digit million dollar figure. While the clues don't reveal much about the financial aspects of the company, which is still losing money, they do point to the growing popularity of Linux over proprietary real-time operating systems in a range of products. Driving much of the growth is the increasing complexity of devices -- many new devices now do the work of several previous products -- and the addition of ... (more)