Wind River Systems Software Maker Sold to Intel

Wind River systems to expand Intel offerings

Intel says it will purchase Wind River Systems for $884 million. Media reports say acquiring the software company will allow Intel to expand beyond the personal computer market.

Intel is a computer chip maker based in Santa Clara, Calif.

Deal details

Though $884 million is a big chunk of change, Intel won’t be needing any cheap loans to buy Wind River Systems. Simple Thoughts reports that the Intel and Wind River Systems are entering into an all-cash deal. According to Simple Thoughts:

Intel said the purchase will benefit its processor and software offerings for embedded systems and mobile devices, which run the gamut from smart phones to networking equipment.

About Wind River Systems

Wind River Systems was founded in Berkeley, Calif., in 1981. Jerry Fiddler and David Wilner first established Wind River Systems. The company is well-known for creating Linux, “source code and a build system that generate runtime images suitable for embedded devices,” according to Wikipedia.

The company has acquired several other companies along the way, starting with Integrated Systems Inc. in 1999. Wind River Systems also partnered with Red Hat in 2004 to to create a new Linux-based distribution for embedded devices.

About Intel

Intel started out as Integrated Electronics Corporation in 1968. It started out making semiconductors and microprocessors, and Intel now makes motherboard chipset, network cards, flash memory, graphic chips, embedded processors, and other devices related to communications and computing.

While consumers struggle in a waning economy, the market for small, inexpensive “netbooks” has expanded. ... click here to read the rest of the article titled "Wind River Systems Software Maker Sold to Intel"