Remember the nonsense from CyanogenMod CEO McMaster we talked about a few days ago? It turns out the motivation for the baseless comments from McMaster may not exactly be his own. As always, follow the money.
People familiar with the matter say Microsoft is putting money into Cyanogen, which is building a version of the Android mobile-operating system outside of Google’s auspices.
Microsoft would be a minority investor in a roughly $70 million round of equity financing that values Cyanogen in the high hundreds of millions, one of the people said. The person said the financing round could grow with other strategic investors that have expressed interest in Cyanogen because they’re also eager to diminish Google’s control over Android. The identity of the other potential investors couldn’t be learned.