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Stocks slide as rising dollar hits oil prices

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Intel acquires Wind River with $884M in order to diversify into smartphones and handheld devices

Intel windriverIntel, an infrequent acquirer, snaps up Wind River

SAN FRANCISCO — Intel Corp. is biting off its biggest acquisition in nearly a decade with an $884 million takeover of Wind River Systems Inc., a software maker with a colorful past. Wind River's software started as a way to help Francis Ford Coppola edit movies, and has since been used in NASA's Mars rovers, fighter-jet control panels, TV set-top boxes and mobile devices.

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Intel to buy software maker Wind River Systems for $884 million, helping expansion beyond PCs

Intel to buy software maker Wind River for $884M

SANTA CLARA, Calif. — Intel Corp. said Thursday it will buy software maker Wind River Systems Inc. for $884 million in an all-cash deal that will help the world's largest computer chip maker expand beyond the PC market.

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