Panasonic Forms Embedded Linux Incubator

An anonymous reader writes "Panasonic has opened an embedded Linux incubator in Silicon Valley, where it hopes to host and collaborate with several Linux startups, in exchange for 'first right-of-refusal on up to 10 percent of the startup's next institutional funding round'. From the article: 'Panasonic uses other open sources OSes in addition to Linux, but Linux has become a top choice due to its cost-effectiveness and robust nature,' according to the Center's director. Panasonic is in the same corporate family as Matsushita, which is one of the founding members of the Consumer Electronics Linux Foundation (CELF)."