git://git.yoctoproject.org/psplash
Try these steps:
1. Set the cross compile environment properly, based on the toolchain you are using. This means setting variables CC, LD, AS, OBJCOPY, etc.
2. Run this command:
# autogen.sh
3. Assuming that you'd like to: keep psplash in "/usr/bin" of target filesystem, run the following command.
# ./configure --shared --prefix=/usr
You may want to confirm the location of psplash in current filesystem that you are planning to customize.
4) Build it.
# make
5) Install it to a local path.
# make install DESTDIR=./_install
6) Move the contents of _install directory to the target filesystem.
Since you are modifying the contents of an existing filesystem - rather than creating new one, i would recommend using the same toolchain that was used to create the original filesystem.