Intel is to diversify its portfolio with the buyout of US embedded software developer Wind River Systems.
According to Business Pundit, Wind River develops software for devices such as smartphones, networking equipment, in-car systems and other consumer electronics. The company competes directly with Microsoft CE.
The deal, valued at $884 million, will see Wind River integrated in to Intel’s Software and Services Group, and presents an opportunity for Intel to expand in to embedded and mobile devices – an important growth area for the company.
Advertisement
Related Stories
- Intel's new 'NUC' tiny form factor PC May 2nd 2012 at 3:18AM
- Ivy Bridge is a hot overclocker Apr 30th 2012 at 10:55PM
- Intel's first x86 Android phone reviewed Apr 26th 2012 at 12:13AM
- Intel launches Ivy Bridge processors Apr 23rd 2012 at 10:04PM
- Intel says higher resolutions are coming Apr 20th 2012 at 9:03AM
- Intel profit dips but Otellini upbeat Apr 17th 2012 at 11:55PM
- Intel officially launches SSD 330 series Apr 16th 2012 at 10:25PM
- Intel reveals slide-screen ultrabook hybrid Apr 16th 2012 at 9:28AM
- Intel says 75 ultrabook models in the pipe Apr 13th 2012 at 4:13AM
- Intel launches 910 Series PCIe SSD Apr 13th 2012 at 4:00AM
