Sunday, March 19, 2006

Wind River Acquires Interpeak for Networking Middleware

Wind River Systems acquired privately-held Interpeak AB of Stockholm, Sweden, a provider of networking, security and mobility middleware software that enables next-generation devices to connect securely to the Internet. Wind River said the acquisition broadens its device software platform with complementary, high-quality, secure networking technology.



Wind River paid approximately $20 million in cash and restricted stock for Interpeak. Wind River anticipates this acquisition will be mildly accretive in Fiscal Year 2007 and is not changing its non-GAAP financial guidance for Q1 or the Fiscal Year that was given on March 8th, 2006 in its fiscal year 2006 earnings release. http://www.windriver.com/

0 comments:

Post a Comment

See also