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Microsoft will reportedly be a minority investor in the Android ROM builder



From ArsTechnica:
Cyanogen takes the Android source code and modifies it, adding more features and porting it to other devices. It has also started supplying Android builds directly to OEMs (like the OnePlus One), which ship the software on devices instead of stock Android. Last week during a talk in San Francisco, Cyanogen's CEO said the company's goal was to "take Android away from Google." It wants to replace the Google Play ecosystem with apps of its own, the same way that Amazon uses the Android Open Source Project for its Kindle Fire products but adds its own app and content stores.

Google pushes a lot of requirements on Android OEMs. If they want the Google Play Store, it also forces them to take all other Google products and services. There is also an "anti-fragmentation clause," which forbids OEMs from selling Android devices without Google Play. Cyanogen's Android distributions wouldn't have any such limitations, but then neither would a self-made AOSP build.
  Microsoft to invest in Cyanogen, which hopes to take Android from Google