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Wind River acquires Interpeak

Written by: Staff
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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.

UNI GD GM1252

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