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Intel to buy Wind River Systems

Posted on June 4, 2009 3:42 PM
Intel Corp., the world's top chipmaker, said Thursday it will acquire Wind River Systems Inc., a maker of software optimization technology, for nearly $884 million.

Santa Clara, Calif.-based Intel said in a statement it hopes the deal will help it to expand "its processor and software presence outside the traditional PC and server market segments into embedded systems and mobile hand-held devices."

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