Acadine, founded by former Mozilla execs, has received a $100 million investment from China’s Tsinghua Unigroup, to launch a Firefox OS fork called “H5OS.”
In March, former Mozilla president Li Gong left to form a startup code-named Gone Fishing, with a mission to build a web-oriented mobile OS partially based on Firefox OS. The company is now called Acadine Technologies, and the OS is dubbed H5OS, according to a report from CNET. Acadine has received $100 million in funding from a Hong Kong-based Chinese state-controlled company called Tsinghua Unigroup International, says the story.
The new name and funding for Acadine Technologies has emerged almost two months after Mozilla CEO Chris Beard announced he was dropping the Spreadtrum-based “$25 Firefox OS” phone, and had begun developing a new “Ignite” version of Firefox OS with higher end features. On June 5, it was also revealed by CNET that one of the original co-developers of Firefox OS, CTO Andreas Gal, had left to start his own Firefox OS spinoff aimed more at the Internet of Things market.