SANTA CLARA, Calif., June 4, 2009 - Intel Corporation has entered into a definitive agreement to acquire Wind River Systems Inc, under which Intel will acquire all outstanding Wind River common stock for $11.50 per share in cash, or approximately $884 million in the aggregate. Wind River is a leading software vendor in embedded devices, and will become part of Intel’s strategy to grow its processor and software presence outside the traditional PC and server market segments into embedded systems and mobile handheld devices. Wind River will become a wholly owned subsidiary of Intel and continue with its current business model of supplying leading-edge products and services to its customers worldwide.
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I'm Allen Hsieh, a management consultant currently based in Shanghai, China. I'm especially interested in the IT & Web2.0 business and track
mergers & acquisitions in this industry. Hence this blog... I hope you find it useful!
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