Intel announces completion of acquisition of Wind River system

Beijing time July 17 Evening News, according to foreign media reports, Intel Friday announced the successful completion of the acquisition of Wind River system (Feng River BAE Inc.)　　of the transaction. Wind River system is a leading embedded software and service provider. The acquisition of the Wind River system is part of Intel's drive to move its processor and software business out of the traditional PC and server market into embedded systems and handheld devices.　　The market for embedded systems and handheld devices includes smartphones, wireless internet equipment, other consumer electronics, vehicle information systems and other automotive areas, network equipment, aviation and defense, energy and hundreds of billions of other devices. "This acquisition will give Intel a strong software capability for embedded systems and mobile devices, both of which are important growth areas for Intel," said Renee James, vice president of Intel and general manager of software and services, Rennes James. The market, worth billions of of dollars, is becoming increasingly interconnected and intelligent, requiring support for software and services as well as comprehensive network capabilities. "As a wholly owned subsidiary of Intel, the Wind River system will continue to develop innovative, commercial-grade software platforms that support multiple hardware architectures optimized for the needs of many embedded systems and mobile device customers," he said.　　Through this transaction, the Wind River system has acquired Intel's technology investment, branding, staff and global sales force, helping to shore up the Wind River system's product sales based on Intel architecture. The Wind River system will continue its current business model, providing cutting-edge products and services to customers around the world. The company is currently a wholly owned subsidiary of Intel and will report to Intel's software and services departments. (Yi Fei)