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!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

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

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?