I just came across this and I must say, this is the most interesting news I've read today.
In a rather interesting move, the Linux Foundation will now be the company behind Moblin. The Moblin project was started by Intel back in 2007 and has been used to push Linux onto their Atom processors, but it now appears they are handing the duties off to the Linux Foundation.
This Linux distribution designed for Mobile Internet Devices (MIDs) and netbooks will now be supported by the Linux Foundation.
Now with the Linux Foundation taking control of Moblin, perhaps we will see this Fedora-based Linux distribution appearing on more non-Intel hardware like the VIA Nano or NVIDIA's ION platform. How the Linux Foundation deals with the Intel Poulsbo driver will also be interesting since right now it's a bloody mess and is a blob.
The press release announcing the Linux Foundation hosting the Moblin project can be found at LinuxFoundation.org.