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Wind River boosts mobile Linux capabilities

Posted: 03 Sep 2008     Print Version  Bookmark and Share

Keywords:acquisition  mobile services  embedded Linux  mobile Linux 

Wind River has signed an agreement to acquire MIZI Research, Inc., a Korean-based company that focuses on the development of mobile application platforms based on embedded Linux. With this acquisition, Wind River expects to gain access to world-class mobile expertise that can be leveraged across its various mobile alliances as well as accelerate its mobile services presence in Asia Pacific.

Under the terms of the agreement, Wind River will pay up to USD Rs.68.57 crore ($16 million) in cash to acquire substantially all of the outstanding shares of MIZI. The completion of the acquisition is subject to customary closing conditions and is expected to occur in Wind River's third fiscal quarter ending October 31, 2008.

A number of fast-growing consumer electronic market segments are turning towards Linux and developing common requirements based on mobility, wireless connectivity, location-based services, feature-rich user interfaces and the promise of a rapidly expanding ecosystem of mobile and connected applications derived from the desktop.

Wind River is targeting a number of vertical markets as Linux growth opportunities, including automotive infotainment, mobile handsets and mobile internet devices. Each of these segments require Wind River to rapidly expand its mobile Linux services delivery capability as well as deepen the value of its product offering tailored to these markets, which is the competency that MIZI has been developing for nearly a decade. Wind River's mobile Linux strategy is focused on open standards and consortia, and it is expected that MIZI's mobile expertise will be redeployed on these projects and provide a basis for differentiation.

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