Cyanogen is definitely doing alright for themselves at the moment, with the company meeting with some of the biggest companies in the world recently. Microsoft, Samsung, Amazon, Yahoo and more have met with the company "to see whether it becomes a potential partner or acquisition target."
Microsoft's CEO, Satya Nadella, recently sat down with Cyanogen, which could be interesting for the company. Given that Cyanogen is a modified version of Android, which is owned by Google, Microsoft acquiring the guys and girls at Cyanogen could be something interesting for the future of Windows Phone.
Cyanogen is currently in search for a "big" Series C funding round, and with recent staff movements from EA and Facebook, it could get quite serious, quite quick for Cyanogen.