The story
RISCOS Ltd was formed to continue end-user-focused development of RISC OS after the de-listing of Acorn Computers, following its purchase by Morgan Stanley Dean Witter in order to benefit from the shareholding that Acorn held in ARM Ltd. In March 1999, RISCOS Ltd obtained exclusive rights to develop and sell RISC OS 4 for the desktop market from Element 14. A few weeks later Pace purchased Acorn's Cambridge headquarters and staff for £200,000 and then continued to develop its own, in-house version of RISC OS, primarily for set-top boxes and other embedded devices.
At the time of the company's formation, it was noted that having access to the source code could facilitate removal of the OS's dependence on Acorn's proprietary chips. This simplifies entry to the hardware market by new companies.
On 29 January and 14 May 2013 RISCOS Ltd was listed in the London Gazette: on 14 May 2013 it was struck from the register of companies and dissolved. The rights to all versions of RISC OS previously developed and marketed by RISCOS Ltd were purchased by 3QD Developments Ltd, the maker of VirtualAcorn.
From Wikipedia’s article on RISCOS Ltd., shared under CC BY-SA 4.0.3