Intel's acquisition of Wind River now done deal

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Intel’s proposed $884 million acquisition of embedded device software specialist Wind River is now complete, meaning the chip giant can start to dip its toes further into non-core markets such as ‘infotainment’ and consumer electronics.

As part of the deal, which was announced last month, Wind River becomes a wholly-owned Intel subsidiary. It will operate under the guidance of Intel vice president Renee James, who heads up the chip giant’s software and services group.

"The acquisition will deliver to Intel robust software capabilities in embedded systems and mobile devices, both important growth areas for the company," said James in a statement.

"This multi-billion-dollar market segment is increasingly becoming connected and more intelligent, requiring supporting applications and services as well as full internet functionality."

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