Intel to buy Wind River for $884 million

**MIG-31** · Jun 4, 2009, 05:46 PM

Chip giant Intel is set to acquire Wind River Systems, a maker of software for embedded devices.

Intel has entered a definitive agreement to buy Wind River for $11.50 per share in cash, which works out to a total value of approximately $884 million, Wind River said Thursday. Wind River would become a wholly owned subsidiary of Intel, reporting to the chipmaker's Software and Services Group, headed by Renee James.
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Source: C|Net

Jun 4, 2009, 05:46 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,843 Rep Power: 471 System Specs	Intel to buy Wind River for $884 million Chip giant Intel is set to acquire Wind River Systems, a maker of software for embedded devices. Intel has entered a definitive agreement to buy Wind River for $11.50 per share in cash, which works out to a total value of approximately $884 million, Wind River said Thursday. Wind River would become a wholly owned subsidiary of Intel, reporting to the chipmaker's Software and Services Group, headed by Renee James. ____________ Source: C\|Net __________________ Please Post Your News Submissions Here