Newly independent vendor will pursue Internet of Things, intelligent devices and edge computing.

Mitch Wagner, Executive Editor, Light Reading

April 3, 2018

2 Min Read
Intel Spins Out Wind River for Industrial IoT

Intel is selling off Wind River to investment firm TPG, and the newly independent company plans to aggressively pursue the convergence of Internet of Things, intelligent devices and edge computing.

Wind River Systems Inc. President Jim Douglas and his existing executive management team will lead the newly independent Wind River after the transaction closes, expected in the current quarter. Terms were not disclosed. (See Wind River to Be Acquired by TPG.)

Wind River has provided embedded systems software for nearly 40 years, providing intelligence for manufacturing plants, medical devices, aircraft, railway, automobiles and communications networks. For service providers, Wind River offers NFV and virtual CPE technology.

Intel paid $884 million to acquire Wind River in 2009. It recently open sourced Wind River's Titanium Cloud portfolio, its NFV Infrastructure software based on OpenStack. (See Life After Wind River and Open Source Zeroes In on the Edge.)

You're invited to attend Light Reading’s Big Communications Event -- the ONE event that delivers fresh perspective on the rapid transformation of the telecom industry and the road ahead. We'll see you May 14-16 in Austin -- communications service providers get in free!

Last year Intel sold half of its McAfee antivirus division, also to TPG, at a total valuation of $4.2 billion. (See McAfee's Independence Day.)

Wind River was a finalist in Light Reading's Leading Lights award last year for Most Innovative IoT/M2M Strategy (Vendor), in 2016 for Best New Product (Telecom) and in 2015 for Most Innovative NFV Product Strategy (Vendor). (See Leading Lights 2017 Finalists: Most Innovative IoT/M2M Strategy (Vendor), Leading Lights 2016 Finalists: Best New Product (Telecom) and Leading Lights 2015 Finalists: Most Innovative NFV Product Strategy (Vendor).)

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About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

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