The Yocto Project is a Linux Foundation collaborative open source project whose goal is to produce tools and processes that enable the creation of Linux distributions for embedded and IoT software that are independent of the underlying architecture of the embedded hardware. The project was announced by the Linux Foundation in 2010 and launched in March, 2011, in collaboration with 22 organizations, including OpenEmbedded.
The Yocto Project’s focus is on improving the software development process for embedded Linux distributions. The Yocto Project provides interoperable tools, metadata, and processes that enable the rapid, repeatable development of Linux-based embedded systems in which every aspect of the development process can be customized.
Source: Yocto Project – Wikipedia