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
- New Intel Sandy Bridge graphics drivers Feb 8th 2012 at 4:10AM
- Intel launches new GPU-less Core i5, Celerons Jan 31st 2012 at 6:48AM
- Ultrabooks to 're-energise' the notebook market Jan 25th 2012 at 8:01AM
- Another Intel record quarter, invests in mobile Jan 20th 2012 at 6:42AM
- Intel launches Performance Tuning warranty for overclockers Jan 19th 2012 at 4:22AM
- Intel says Medfield will run Android better than ARM Jan 18th 2012 at 6:41AM
- AMD's Trinity to compete with Intel's ultrabooks Jan 17th 2012 at 6:27AM
- CES 2012: Razer reveals Project Fiona Jan 11th 2012 at 7:11AM
- CES 2012: Intel enters smartphone arena Jan 11th 2012 at 6:18AM
- Lenovo's new Cedar Trail not-a-netbook Dec 30th 2011 at 4:57AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!