TPG Capital has completed its acquisition of Wind River, a leader in delivering software for the Internet of Things. TPG’s acquisition of Wind River from Intel was announced on April 3, 2018.
For nearly 40 years, Wind River has helped the world’s technology leaders power generation after generation of the safest, most secure devices in the world. The company’s software runs the computing systems of the most important modern infrastructure and is accelerating the evolution from automated to autonomous systems across a diverse range of use cases — from collaborative robots to commercial and military drones, connected cars to the connected factory floor — as well as the intelligent communication networks that support these applications.
The newly independent company will be led by Wind River President and now Chief Executive Officer Jim Douglas. Nehal Raj, Partner and Head of Technology investing at TPG, will serve as chairman of the company’s board of directors.