ARM, Samsung, Texas Instruments, Freescale Semiconductor, IBM and ST-Ericsson create Linaro a not for profit organization based on Linux and the open source, aimed to develop System-on-Chip (SoC).
In its main functions, all the companies will share tools and human capital into Linaro with the objective of develop new technologies based on Linux and aimed into the emergent markets.
The first release is schedule to November 2010 and the main goal is the optimization of the ARM Cortex-A processor. If you wan to know more about this, follow the yellow brick road.
Source:Linaro