Intel to acquire Wind River for $884 million

The move is part of an Intel plan to expand into the mobile market

Intel said Thursday that it has agreed to acquire Wind River Systems for a total of about $884 million in cash, in an effort to bolster its offerings in the market for processors for embedded systems and mobile devices.

The move is part of Intel's plan to grow beyond its traditional stronghold in the PC market, the company said in a release. Intel is paying $11.50 per share in cash for Wind River.

"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, in a statement.

The board of directors of Wind River has approved the deal, which the companies expect to close by the end of the third quarter of this year, subject to regulatory approvals and other conditions to which the companies have agreed.

After the deal, Wind River will become a wholly owned subsidiary of Intel and continue with its current business model, Intel said.

Wind River, based in Alameda, California, was founded in 1981 and has more than 1,600 employees. The company reported revenue of $359.7 million in his fiscal year that ended Jan. 31.

Wind River develops operating systems, middleware and software design tools for embedded computing systems. VxWorks, an embedded operating system, and Wind River Linux are among its main products.

In February, Wind River announced plans to acquire Tilcon Software, a Canadian developer of graphical user interfaces for embedded devices, for $3.5 million.

In January, Wind River announced that it had developed software code that will help enable support for open source Android mobile software running on larger screen-sized mobile computing devices using Snapdragon chipsets from Qualcomm.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Linuxintelembedded devicesmergers & acquistionsvxworksWind River

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?