biz.yahoo.com
NATICK, Mass. & ALAMEDA, Calif.--(BUSINESS WIRE)--Feb. 20, 2001-- The MathWorks, Inc., the leading supplier of technical computing software for engineers and scientists, and embedded systems design software, and Wind River Systems, Inc. (Nasdaq:WIND - news), a leading provider of software and services for smart devices in the Internet age, today announced a definitive agreement for The MathWorks to license the distribution rights for the MATRIXx® product family from Wind River. MATRIXx is a set of software tools used in the development of real time embedded control systems. This new relationship, while maintaining customer support, will enable the two companies to more closely integrate their products to better serve key target markets.
Under the agreement, Wind River grants The MathWorks exclusive distribution rights of MATRIXx and an option to purchase MATRIXx at the end of the licensing agreement. The MathWorks will assume the support of MATRIXx and will provide a transition plan to its MATLAB® and Simulink® family of products for customers who choose to migrate. Customers will receive two years of support for MATRIXx products from The MathWorks beginning April 2, 2001. Full details are available at each company's web site.
Interesting WIND would not choose to merge this set of clients into their own products.
Voop |
