
CyanogenMod on the OnePlus On. Photo: Killian Bell/Cult of Android
Cyanogen Inc., the creator of the hugely popular CyanogenMod software, has reportedly rebuffed acquisition interest from Google and is instead discussing a Series C round of funding with a number of investors. The team is reportedly seeking a valuation around $1 billion.

OnePlus is dropping ColorOS and bringing its own software to One devices in China next year. The company has already shifted its development team to Taiwan, where it plans to use the many talented Android developers and designers who are based locally to its advantage.

