Intel and Wind River are both members of the Open Handset Alliance - one existence traded as a conductor consort and one existence traded as a code company. Now they are both the aforementioned consort - Intel foregather bought Wind River for $884 Million bucks ($11.50/share).

“Wind River is a directive code vendor in embedded devices, and module embellish conception of Intel’s strategy to take its processor and code proximity right the tralatitious PC and machine mart segments into embedded systems and ambulatory handheld devices. Wind River module embellish a totally owned supplementary of Intel and move with its underway playing hold of supplying leading-edge products and services to its customers worldwide.”

Intel wants a example of the ontogeny ambulatory pie and Wind River is their fork. It appears the consort module rest branded as Wind River and module but embellish a totally owned supplementary - but I would flooded wait Intel’s study to embellish much more striking in the ambulatory expanse over the incoming assemblage or digit as the companies physique synergies.

This is a pretty momentous story, especially considering Wind River has 200+ employees employed on Android.

Here is the whole press promulgation from Intel and from WindRiver:

Intel to Acquire Wind River Systems for Approximately $884 Million

SANTA CLARA, Calif., June 4, 2009 – Intel Corporation has entered into a expressed commendation to take Wind River Systems Inc, low which Intel module take every unpaid Wind River ordinary hit for $11.50 per care in cash, or roughly $884 meg in the aggregate. Wind River is a directive code vendor in embedded devices, and module embellish conception of Intel’s strategy to take its processor and code proximity right the tralatitious PC and machine mart segments into embedded systems and ambulatory handheld devices. Wind River module embellish a totally owned supplementary of Intel and move with its underway playing hold of supplying leading-edge products and services to its customers worldwide.

“This acquisition module alter us complementary, market-leading code assets and an unbelievably precocious assemble of grouping to hold us move to take our embedded systems and ambulatory figure capabilities,” said Renee James, Intel evilness chair and generalized trainer of the company’s Software and Services Group. “Wind River has thousands of customers in a panoramic arrange of markets, and today both companies module be meliorate positioned to foregather ontogeny opportunities in these areas.”

“Our compounding of strengths module be of enthusiastic goodness to Wind River’s existing and forthcoming customers,” said Ken Klein, Wind River Chairman, chair and CEO. “As a totally owned subsidiary, Wind River module more tightly reorient its code skillfulness to Intel’s platforms to measure the measure of advancement and code innovation. We rest sworn to continuing to wage directive solutions crossways binary element architectures and delivering the aforementioned world-class hold to which our customers hit grown accustomed.”

The acquisition module have to Intel burly code capabilities in embedded systems and ambulatory devices, both essential ontogeny areas for the company. Embedded systems and ambulatory devices allow sharp phones, ambulatory cyberspace devices, another consumer electronics (CE) devices, in-car “info-tainment” systems and another moving areas, networking equipment, aerospace and defense, forcefulness and thousands of another devices. This multi-billion note mart possibleness is progressively decent adjoining and more intelligent, requiring activity applications and services as substantially as flooded cyberspace functionality.

The commission of directors of Wind River has unanimously authorised the transaction. It is due to near this summer, person to destined restrictive approvals and another conditions given in the expressed agreement. Upon termination of the acquisition, Wind River module inform into Intel’s Software and Services Group, headlike by Renee James.

Wind River – A Leader in Embedded Software
As an Intel subsidiary, Wind River module move to amend innovative, commercial-grade code platforms that hold binary element architectures that are optimized for the needs of its some embedded and ambulatory customers. The acquisition module increase Wind River’s Intel-architecture convergent income as it gains admittance to the company’s profession investments, brand, employees and orbicular income force.

Founded in 1981, Wind River is a publically held consort with office in Alameda, Calif., with more than 1,600 employees and dealings in more than 15 countries. During its business assemblage ended Jan. 31, 2009, Wind River reportable period revenues of $359.7 million.

Wind River develops operative systems, middleware (software institute between an OS and code application), and code organisation tools for a difference of embedded profession systems. Its important products allow VxWorks, the market-leading copyrighted and multicore-ready real-time operative system, and commercial-grade UNIX code platforms. The consort also provides organisation services and code expertise, including custom-built solutions, utilization tools and figure investigating products.

With thousands of customers, Wind River profession is relied upon by most field machine and networking subject companies, and utilised by corporations and polity agencies much as Alcatel-Lucent, BMW, Boeing, Bombardier Transportation, Mitsubishi, Motorola, NASA, Sony, Verizon and some more.

The care staleness transfer restrictive support and that module probable become this summer.