Base from the latest report, Cyanogen deals with Indian mobile producer Micromax to launch a mobile phone earlier as the end of the year. Report claimed that Cyanogen had recently switched down a Google buyout offer produced by SVP of Android. This details report claims Kit McMaster the CEO of Cyanogen informed shareholders of the rejected Google deal, saying the firm was more focused on getting its third round of financing that took it to a $1 Billion appraisal. The documented deal with the Micromax for releasing the CyahogenMod-powered mobile phone in India may seem to be in line with the Palo Alto and Seattle based Companys noticeable motives to begin making some income. As Android Police notes, Chanogen has couple of partnerships with the suppliers, such as One Plus and Oppo, however with the minimal success with the increasing of the users base on the popular Android OS distribution or custom ROM.
CyahogenMod-powered
Report says the launch date of the CyanogenMod Micromax mobile phone is still unclear. If the deal is true, it may see Cyanogen getting a attack out of Google’s Android One aims with a low-cost providing that remains up to date via Chanogen’s regular versions. Google released its Android One project in India first and in a large way with the company tie up with 3 largest domestic producer the Karbonn, Spice and the Micromax as well as the noticeably investing on advertising.
This detail report goes on to Cyanogen’s money making have been stressing investors for a while, with the company to employ its offers value added services, or releasing a paid themes model.
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