Wind River Systems

Wind River software, used on more than two billion peripherals from more than 1,700 customers worldwide (by January 2022), provides secure development, deployment, operation, and maintenance of mission-critical intelligent systems. This cloud computing software portfolio covers the aerospace and defense, telecommunications, industrial, and automotive markets and builds on Wind River Studio, a versatile, comprehensive software platform for intelligent systems that provides complete lifecycle management for cloud-based applications. In 2021, Wind River's revenue amounted to about $400 million.

History

2022: Aptiv bought Wind River for $4.3 billion

In early January 2022, the Aptiv technology company bought the manufacturer of software for the Wind River IoT from TPG Capital. The deal is estimated at $4.3 billion.

Aptiv acquired Wind River for $4.3 billion

This acquisition will allow Aptiv to leverage the power of software-defined mobility and expand its operations in several important industries with a world-class Wind River team and a leading software platform for intelligent systems. This combination will introduce many innovations and end-use applications, especially as computing and data processing continue to approach the periphery, and connected devices, including cars, become more complex and functional.

Aptiv will combine Wind River Studio's offering with a complementary SVA platform and automotive experience to strengthen its position in automotive software solutions, providing customers with a faster and more cost-effective path to the complete software architecture of the car. Led by Kevin Dallas, Wind River will continue to operate as an independent business within Aptiv.^[1]

2018: Intel sells Wind River

On April 3, 2018, it became known about the sale of the Intel-owned developer of industrial IoT platforms Wind River. The "daughter" of the American processor giant is bought by a private investment company TPG Capital. The financial terms of the agreement are not disclosed. It is only known that the transaction is supposed to be closed in the second quarter of 2018.

Wind River is one of the market participants in industrial Internet of Things (IoT) solutions. Although this direction is listed among the strategically significant for the parent company, Tom Lantzsch, Senior Vice President and CEO of the Internet of Things (IoT) Group of Intel, said that the sale of Wind River "is aimed at focusing on growth prospects that are consistent with Intel's data-oriented strategy."

Intel sells IoT - "daughter" Wind River

He added that Wind River will remain Intel's key ecosystem partner, and that companies will continue to collaborate on critical software-defined infrastructure.

In turn, Wind River President Jim Douglas noted that TPG will provide the company with the flexibility and financial resources needed to realize multiple growth opportunities as an independent software developer implementing secure and reliable intelligent systems.^[2]

Wind River is part of the Intel IoT group, whose annual revenue in 2017 increased by 20% to $3.2 billion. According to CRN sources close to Intel, Wind River's contribution to the total sales of the division was insignificant. Vendor revenue data was not disclosed, but Intel says the company is profitable.

Information about the Wind River sales price is not disclosed, since the transaction will not have a significant impact on Intel's financial performance, a spokeswoman for the corporation explained.^[3]

See also

• SRW Real-Time Operating System

Notes