Wind River Has Acquired Interpeak
About Interpeak AB
- Interpeak AB, a privately-held company based in Stockholm, was the leading provider of networking, security and mobility middleware software that enabled next-generation communication devices to connect securely to the Internet
- Interpeak’s products helped developers of device software add functionality and improve device and equipment quality across a wide range of markets, including wireless devices, wireless infrastructure, network infrastructure and safety and mission critical devices
- The company was backed by two leading Nordic VC firms, SEB Venture Capital and Ledstiernan
About Wind River Systems
- Wind River Systems (NASDAQ: WIND) was the global leader in device software optimization (DSO) solutions, which enabled the world’s largest and best-known device manufacturers to develop, run and manage embedded device software better, faster and at lower cost
- Wind River delivered complete device application-enabling platforms and tools based on open technology, spanning the entire DSO lifecycle
- The company’s technology is embedded in more than 300 million devices worldwide at the time of the acquisition, including industry leaders such as Apple, HP, Boeing, Mitsubishi, Motorola and NASA
- Wind River was acquired by Intel in 2009
Transaction Notes
- Wind River Systems’ acquisition of Interpeak AB was announced on March 20, 2006; financial terms were not disclosed
- This acquisition broadened Wind River’s device software platform with complementary, high-quality, secure networking technology and strengthened the company’s ability to provide device manufacturers with increased platform scalability and expanded safety and mission critical certification support
- Alongside Wind River, Interpeak’s extensive expertise in IPv6, routing, wireless and mobility technologies enabled device and equipment manufacturers to deliver their products to market more quickly and offer the latest networking and security capabilities
- Shea & Company served as the exclusive financial advisor to Wind River Systems on the company’s acquisition of Interpeak, reflecting the culmination of larger corporate strategic advisory effort