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Alternative Android OS developer Cyanogen is poised to raise around $110 million in a funding round, but contrary to earlier reports, Microsoft might not be chipping in.

Several weeks ago brought the news that Microsoft was considering investing in Cyanogen and their customized Android system CyanogenMod. That OS is installed on a few retail devices, including the OnePlus One and the Alcatel OneTouch Hero 2+, as well as being freely available to download and install on a wide range of Android devices. But it seems that the Microsoft's opting not to take part in this funding round.

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Update: Bloomberg Business is now corroborating the earlier WSJ story, adding that the two companies are in talks to create "a version of the Android mobile-operating system that's more friendly to Microsoft services".

Original Story: According to the WSJ, Microsoft may be one of a handful of companies investing in Cyanogen. Cyanogen started off as a customized version of the Android operating system named CyanogenMod back in 2009 but has grown to a business of 80 people named Cyanogen, Inc. starting in 2013. The company co-launched their version of the Android OS on the OnePlus One smartphone in 2014.

Now, Cyanogen is looking for money, and Microsoft is reportedly putting cash into the company as a minority investor.

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Microsoft will be making a new push to close the 'app gap' that currently exists between its Modern apps for Windows and Windows Phone and apps made for iOS and Android by attracting more independent software vendors (ISVs). However, a new report claims that Microsoft is still considering an option that could allow Android apps to run in Windows 10.

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