Red Flag never took off, and the company backing it shuttered earlier this year. But Red Flag -- the OS, not the company -- will be resurrected.
In a Wednesday, Aug. 20 report by the People's Post and Telecommunications News ( Chinese language), the trade publication noted the acquisition of Red Flag Software's assets by Penta Wan Jing Information Technology Industry Group for 38.62 million yuan ($6.3 million).
That story also quoted Ni, who approved of the Penta Wan Jing acquisition and said a revitalized Red Flag could contribute to the plan to create a domestic OS.
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