Tuesday, March 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Assistant Is Coming To More Connected Devices
Self-assembly Technique Could Solve Miniaturization Chip Making Issues
Prepare For Battle GeForce GTX Bundle Includes For Honor or Tom Clancy's Ghost Recon Wildlands Games
VIZIO's 2017 D-Series Smart TV Collection Includes 4K Ultra HD Support in Select Models
Facebook Attacks Snapchat With New Camera Features
China Tech Giant Tencent Buys 5 Percent Stake In Tesla
Hyundai Motor To Develop Its Own Automotive Chips
Razer "Paid to Play" Initiative to Reward Fans for Playing Games
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Intel t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 04, 2009
Intel to Acquire Wind River Systems for $884 Million


Intel has entered into a definitive agreement to acquire Wind River Systems Incfor approximately $884 million. Wind River is a software vendor in embedded devices.

Wind River will become a wholly owned subsidiary of Intel and continue with its current business model of supplying products and services to its customers worldwide.

"This acquisition will bring us complementary, market-leading software assets and an incredibly talented group of people to help us continue to grow our embedded systems and mobile device capabilities," said Renee James, Intel vice president and general manager of the company's Software and Services Group. "Wind River has thousands of customers in a wide range of markets, and now both companies will be better positioned to meet growth opportunities in these areas."

"Our combination of strengths will be of great benefit to Wind River's existing and future customers," said Ken Klein, Wind River Chairman, president and CEO. "As a wholly owned subsidiary, Wind River will more tightly align its software expertise to Intel's platforms to speed the pace of progress and software innovation. We remain committed to continuing to provide leading solutions across multiple hardware architectures and delivering the same world-class support to which our customers have grown accustomed."

The acquisition will deliver to Intel robust software capabilities in embedded systems and mobile devices, both important growth areas for the company. Embedded systems and mobile devices include smart phones, mobile Internet devices, other consumer electronics (CE) devices, in-car "info-tainment" systems and other automotive areas, networking equipment, aerospace and defense, energy and thousands of other devices.

The board of directors of Wind River has unanimously approved the transaction. It is expected to close this summer, subject to certain regulatory approvals and other conditions specified in the definitive agreement. Upon completion of the acquisition, Wind River will report into Intel's Software and Services Group, headed by Renee James.

As an Intel subsidiary, Wind River will continue to develop software platforms that support multiple hardware architectures that are optimized for the needs of its many embedded and mobile customers. The acquisition will boost Wind River's Intel-architecture focused sales as it gains access to the company's technology investments, brand, employees and global sales force.

Wind River develops operating systems, middleware (software found between an OS and software application), and software design tools for a variety of embedded computing systems. Its main products include VxWorks, the market-leading proprietary and multicore-ready real-time operating system, and commercial-grade Linux software platforms. The company also provides design services and software expertise, including custom-built solutions, development tools and device testing products.


Previous
Next
Pioneer Releases New Line of Blu-Ray Disc Players        All News        Microsoft Unveils Bing Travel
Google Introduces Smart Navigation in Street View     General Computing News      Microsoft Unveils Bing Travel

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Launches Bug Bounty Program
Intel To Buy Mobileye For About $15 Billion
Intel Security releases EFI rootkit checker Following WikiLeaks Reports
Second Generation Second Intel Rack Scale Design Showcases Storage Resource Pooling
Intel Showcases 5G Advancements at 2017 Mobile World Congress
Intel Announces 5G Mobile Trial Platform, New Atom And Xeon Processors
Intel Optane Memory Products Will Run Only On Systems With 7th Generation Intel Processors
Intel Is Offering New Integrated and Automated Security Solutions
Intel Unveils New FPGA for Industrial and Automotive Markets
Intel Says 8thGen Core Is Coming On 14nm, Talks About Datacenter and Optane
Intel Touts Record Performance Of New 24-core Xeon Processor E7-8894 v4
Intel's Fab 42 will Target Advanced 7 nm Technology

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .