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Intel sells Wind River to TPG putting end to near decade of ownership

April 04, 2018 / James Bourne

Intel is to sell Wind River, provider of Industrial IoT (IIoT) and embedded software, to global alternative asset firm TPG. The independent firm will continue to be led by Wind River president Jim Douglas alongside his existing executive management team, with Douglas saying the move will establish Wind River ‘as a leading independent software provider uniquely positioned to advance digital transformation within critical infrastructure segments.’