Intel IoT ambitions hit by Wind River sale

Chip giant Intel is selling its Wind River subsidiary to private investment firm TPG, nine years after buying it to boost its mobile and IoT efforts.
Wind River has a long history in embedded software, which encouraged Intel to drop $884 million on it back in 2009. The stated rationale at the time was to help Intel in its efforts to diversify beyond the PC and server markets and came at a time when Intel still thought it could take on the ARM ecosystem in embedded processors.
“Wind River i