Phoenix Technologies Purchased By HP For $12 Million

Not sure if you've noticed, but Linux is quietly gaining steam. Android is becoming a huge mobile OS, Ubuntu is getting more and more attention, and now Linux builds are fetching huge amounts of money from mainstays in the industry. We're talking about Phoenix Technologies, which was recently purchased by HP for a staggering $12 million.

Hewlett-Packard, which has yet to close their mega-purchase of Palm, is also back on the acquisition trail. Phoenix is known mostly for their work on a Linux-based quick boot OS as well as their client virtualization assets, both of which seem to be quite valuable in HP's eyes. HP is picking up HyperSpace, which is said to be a variant of the Linux OS that enables users to surf the Internet, browse images or check e-mail in a matter of seconds rather than waiting for their machine to fully boot into a full-fledged operating system.

The OS is meant primarily for use in netbooks and other low-power devices where booting up can be an arduous process, and the deal is expected to close later this month. HP is also picking up HyperCore, which is described as an "embedded hypervisor that allows HyperSpace to run certain core services along with the Windows OS." There are no plans yet that HP has revealed about how they plan to use these assets, but the guessing game is back on. We're still wondering how exactly HP will use the WebOS assets, so now we've two things to ponder. Who would've thought HP would have so much mystery surrounding them?