Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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, IBM Follow Different Strategies On 14nm FinFET
Intel Unifies and Simplifies Connectivity for IoT
TSMC To Make Intel's SoFIA Handset Chips
Intel to Invest in China Factory
Intel and Luxottica To Collaborate On Smart Eyewear
Intel Offers Professor Stephen Hawking Ability to Better Communicate
Intel Acquires Security Firm PasswordBox
Intel To Release Chromecast-like Thumb-sized PCs
Intel Gives Upbeat Outlook for 2015 Revenue
Intel Labs Showcase Low-energy DRAM Memory
Intel to Merge Mobile Business With PC Division
Intel Light Beams to Speed Up Supercomputers, Details New Intel Xeon Phi, MICA Smart Bracelet

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .