Google Chrome OS is an open source, lightweight operating system that will initially be targeted at netbooks. Later this year Google will open-source code, and netbooks running Google Chrome OS will be available for consumers in the second half of 2010. Speed, simplicity and security are the key aspects of Google Chrome OS.

Google Chrome OS will run on both x86 as well as ARM chips and we are working with multiple OEMs to bring a number of netbooks to market next year. The software architecture is simple Google Chrome running within a new windowing system on top of a Linux kernel. Until now there is no official download release date for the new operating system. So you can wait for a several times to download Google Chrome Operating System.

For application developers, the web is the platform. All web-based applications will automatically work and new applications can be written using your favorite web technologies. And of course, these apps will run not only on Google Chrome OS, but on any standards-based browser on Windows, Mac and Linux thereby giving developers the largest user base of any platform.

They’re companies like Phoenix Technologies in Milpitas, Calif., which offers its HyperSpace operating system, DeviceDM in San Jose, Calif., which offers its Splashtop product, and Paris-based Jolicloud, which offers the Jolicloud operating system. The open source projects include eyeOS, AstraNOS, and CMYOS. It’s will compete with Google Chrome Operating System.

Via GoogleBlog