Wind River acquires Interpeak
Bangalore, Mar 23 (UNI) Wind River Systems, a global leader in Device Software Optimisation (DSO), today announced that it has acquired privately-held Interpeak AB of Stockholm, Sweden, a leading networking, security and mobility middleware software provider, for approximately 20 million dollars in cash and restricted stock.
The acquisition broadened Wind River's device software platform with complementary, high-quality, secure networking technology and strengthened the company's ability to provide device manufacturers with increased platform scalability and expanded safety and mission critical certification support, a company release here said.
''As the explosive growth of connected devices continues, device manufacturers will require a high-quality, secure networking stack that can run universally on both our RTOS and Linux-based platforms.
Interpeak's secure, certifiable, networking expertise will enhance Wind River's DSO strategy for delivering a standardised device software development approach that provides customers with the choice and flexibility to build any type of connected device,'' Wind Rivers Chairman, President and CEO Ken Klein said.
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