Acadine Technologies previously known as Gone Fishing, that was created by the Li Gong who left Mozilla to start the company and develop a web-oriented mobile OS partially based on Firefox OS.
Has this week announced the company has received an investment of $100 million from China’s Tsinghua Unigroup, to help launch H5OS mobile operating system that has been created as a fork of the Mozilla Firefox OS.
Firefox OS 2.5 is scheduled to launch this November and bring with it a number of new features together with options specifically designed for mobile devices that will allow anyone to view the source of webpages as well as improved security. In a recent interview Li Gong explained :
Owning an OS is extremely important if you can do it. – It’s very profitable if you can do it. – We must move and scale up at the supersonic speed of the mobile industry, be pragmatic and flexible, and look beyond Silicon Valley for inspiration.
For full details of the investment in Acadine Technologies and the development of the new mobile operating system H5OS jump over to the original CNET interview by the link below.