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Intel to acquire Wind River for $884 million

Discussion in 'TechSpot News and Comments' started by Matthew, Jun 4, 2009.

  1. Matthew TechSpot Staff Posts: 5,893   +53

    Intel is reportedly paying $884 million for embedded systems firm Wind River to accelerate its efforts in breaking past its core PC markets. The semiconductor behemoth is said to be bidding for the firm’s common stock at $11.50 per share. Although the deal has been okayed by Wind River’s board, the bid has met a standstill until approval is seen from shareholders and regulators.

    Read the whole story
    Matthew, Jun 4, 2009
    #1

  2. Zeromus TechSpot Enthusiast Posts: 223   +6

    Another great step for the greatest Processor Chip Company on the planet.
    Zeromus, Jun 4, 2009
    #2

  3. peas Newcomer, in training Posts: 49

    now that's an Intel fanboi if I ever saw one :p
    peas, Jun 4, 2009
    #3

  4. CrossFire851 Newcomer, in training Posts: 1,058

    What I don't understand is, if they are able to generate that much revenue. Why is Intel going to buy them off for what they can make in a mere few years? Or is that simply just to say it's subdivision of Intel? And potentially lead to bigger and better business?
    CrossFire851, Jun 5, 2009
    #4
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