The philosophy of the suckless.org open source project will be the main driver of this company: simplicity, clarity and frugality.
Hence the logo must be simple and clear. The meaning of the German word "werk" is ambiguous and means "factory" and "creation" in English -- basically it's a place where something is created. It has a very solid meaning in German.
The color blue has positive meaning and is primarily chosen to support a specific corporate identity, hence the logo must incorporate the use of blue. Due to the simplicity I'd like to restrict the overall color use to just blue, grey, white and black (and perhaps tones of them).
I think an abstract factory graphic could be incorporated as well, but overall the logo must be very simple. Ideally it will just work on white background (to ease printing, etc).
Overall it shouldn't be a lot more than just text and potentially a nice abstract graphic integrated somehow. It should really not be too fancy, but provide a rather solid impression to the user -- though not too bold.
It's getting the balance right ;)
The font should be modern/futuristic, but also not too fancy.
Less is more ;)