Intel has completed the acquisition of embedded devices software vendor Wind River Systems. The acquisition is a part of Intel’s strategy to grow its processor and software presence outside the PC and server market segments into embedded systems and mobile handheld devices.
In June, Intel has made an $884m proposal for the acquisition of all of the outstanding common stock of Wind River for $11.50 per share in cash.
The acquisition is expected to deliver software capabilities in embedded systems and mobile devices to Intel. Embedded systems and mobile devices include smart phones, mobile internet devices, other consumer electronics devices, in-car info-tainment systems and other automotive areas, networking equipment, aerospace and defence, energy and other devices.
Renee James, vice president and general manager of software and services group at Intel, said: This multi-billion-dollar market segment is increasingly becoming connected and more intelligent, requiring supporting applications and services as well as full internet functionality.
As a wholly owned Intel subsidiary, reporting to the software and services group, Wind River will continue to develop software platforms that support multiple hardware architectures that are optimised for the embedded and mobile sectors. Wind River will continue with its current business model of supplying products and services to its customers.
Wind River develops operating systems, middleware and software design tools for embedded computing systems. The company’s main products include VxWorks, multicore operating system and Linux software platforms.
