原创 Intel buys Wind River

PHILADELPHIA — Intel Corp. said it will pay $884 million for Wind River
Systems Inc. in pursuit of plans by the world's largest semiconductor
company to expand its revenue stream outside the "traditional PC and
server market segments."

The move offers Intel (Santa Clara, Calif.) the opportunity to
become a major player in the fast-growing mobile handset market and
embedded systems sector where products are used in a wider range of
markets than the PC industry, according to a statement issued by the
company on Thursday (June 4).

"This acquisition will bring us complementary, market-leading
software assets and an incredibly talented group of people to help us
continue to grow our embedded systems and mobile device capabilities,"
Renee James, vice president and general manager of Intel's Software and
Services Group, added in the statement. "Wind River has thousands of
customers in a wide range of markets, and now both companies will be
better positioned to meet growth opportunities in these areas."

Intel said it will pay $11.50 per share for Wind River, representing
a 44 percent premium on the company's closing price of $8 on Wednesday.
The companies said the transaction has been approved by Wind River's
board of directors, and is expected to close this summer.

Intel said it will manage Wind River as a subsidiary, leaving the
division to "continue with its current business of supplying
leading-edge products and services to its customers worldwide."

Intel said the acquisition will enable it better target
opportunities in several growth areas, including the embedded systems
market and other areas like "smart phones, mobile Internet devices,
other consumer electronics devices, in-car infotainment systems and
other automotive areas, networking equipment, aerospace and defense,
energy and thousands of other devices."

The company said the new areas represent "multi-billion dollar market opportunity" for the microprocessor vendor.

Wind River (Alameda, Calif.) recorded revenue of $359.66 million in
its fiscal year ended Jan. 31, up 9 percent from $328.63 million in the
prior year. The company posted net income of $10.7 million, or 16 cents
per share, for the last fiscal year, reversing a loss of $2.36 million,
or 2 cents a share, in the previous fiscal year.