In a mammoth, $884 million deal, Intel (NASDAQ: INTC) announced on June 4, 2009 its intent to acquire Wind River Systems (NASDAQ: WIND). The aggregate price tag puts approximately a 44% premium over the June 3rd closing price of $8.00 per share for WRS common stock. After this acquisition, which is expected to close this summer, Wind River would operate as a wholly owned subsidiary of Intel and report into its Software and Services Group.
The Embedded Software Practice at VDC Research is covering and reporting on the story through its OnTarget: Embedded Systems Blog.
As VDC wrote last week, “one could well imagine the discussions taking place on both sides of the embedded market.”
This included many calls from both Intel and Wind River with their various strategic partners. Some partners may be satisfied, at least in the near term, and others more skeptical, especially on Wind River’s ability to continue to enable multiple hardware architectures and the ways in which Intel and Wind River plan to securely partition sensitive, confidential company information between the subsidiary and mother Intel going forward.
About VDC Research Group
VDC Research Group (VDC) is a technology market research and strategy consulting firm that advises clients in a number of technology markets including: Embedded Software and Tools, Embedded Hardware and Systems, Automatic Identification and Data Collection, Industrial Automation and Control, Mobile and Wireless, and Power Conversion and Control. Using rigorous primary research and analysis techniques, the firm helps its clients identify, plan for, and capitalize on current and emerging market opportunities. We strive to deliver exceptional value to our clients by leveraging the considerable technical, operational, educational and professional experience of our research and consulting staff. During our nearly four decades of ongoing operation, we have had the pleasure of serving most of the world’s leading technology companies, many high-profile start-ups, and numerous blue-chip early and later stage investors. Our products and services consist of research reports, annual research programs, and custom research and consulting services. Founded in 1971, the firm is located in the Boston area.