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Technology Stocks : Wind River going up, up, up!
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To: Bald Eagle who wrote (6110)8/19/1999 4:31:00 PM
From: Ron  Read Replies (1) of 10309
 
WIND earnings .14 versus estimate .15
Wind River Systems (NASDAQ:WIND.O) today announced an
organizational change that brings increased focus on meeting the needs
of OEMs building products for the complex and time-crunched global
post-PC era. Effective immediately, Wind River will expand its
organizational structure to include targeted business units. This move
is the latest step in an on-going process to ensure continued
leadership in a rapidly changing industry.
To further capitalize on the high-growth Internet-related markets
and better serve its customers' growing need for increased development
assistance, the first two Wind River business units are Wind River
Networks and Wind River Services. Wind River will also continue to
strengthen and extend the Tornado(TM) development platform, VxWorks(R)
real-time operating system and other core technologies for both
traditional customers and Value Added Resellers.
What is usually referred to as the embedded market is actually a
multitude of vertical market segments such as telecom/datacom
equipment, industrial control, military/aerospace, and digital imaging
that use embedded technology in product development. In general, all
of these markets are being affected by the rise of the Internet and
cheaper microprocessors resulting in increasingly complex products and
"Internet-time" development cycles. Each individual market, however,
has increasingly divergent development needs and varying growth rates.
While continuing to serve the broad, horizontal embedded sector with
its industry-leading Tornado and VxWorks platform, Wind River is
augmenting its strategy by focusing on high growth, high value market
segments. For these segments, Wind River will deliver complete
solutions products such as Tornado for Managed Switches that will be
developed in the various business units.
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