M&A Deal Summary

Wind River Acquires Rapid Logic

On October 6, 2000, Wind River acquired information technology company Rapid Logic from Needham Capital Partners for 58M USD

Acquisition Highlights
  • This is Wind River’s 1st transaction in the Information Technology sector.
  • This is Wind River’s largest (disclosed) transaction.
  • This is Wind River’s 1st transaction in the United States.
  • This is Wind River’s 1st transaction in California.

M&A Deal Summary

Date 2000-10-06
Target Rapid Logic
Sector Information Technology
Buyer(s) Wind River
Sellers(s) Needham Capital Partners
Deal Type Add-on Acquisition
Deal Value 58M USD

Target

Rapid Logic

Alameda, California, United States
Rapid Logic, Inc. develops software products and services that enable embedded network device vendors to offer configuration, management and monitoring capabilities of their products in an open systems environment.

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Wind River

Alameda, California, United States

Category Company
Founded 1981
Sector Software
Employees1,670
Revenue 400M USD (2021)
DESCRIPTION

Wind River engages in delivering software for intelligent connected systems, Wind River offers a comprehensive, edge-to-cloud software portfolio designed to address the challenges and opportunities critical infrastructure companies face when evolving and modernizing their systems as they work to realize the full potential of IoT. Wind River was established in 1981 and is based in Alameda, California.


DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 1 of 5
State (California) 1 of 3
Country (United States) 1 of 5
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-05 Virtutech

San Jose, California, United States

Virtutech, Inc. is the leader in product development process improvement through virtualized systems development (VSD). Virtutech Simics® allows for a revolutionary change in the product development process at a full system level rather than a component level and is a commercial solution that uniquely delivers the four most important criteria for successful deployment of hardware virtualization in the electronics equipment development process: speed, scalability, model availability, and control. Simics customers report reduced time to market, better project risk management, lower capital expenditure, product development cost and maintenance as well as increased quality and individual productivity.

Buy -

Seller(S) 1

SELLER

Needham Capital Partners

New York, New York, United States

Category Private Equity Firm
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.


DEAL STATS #
Overall 19 of 55
Sector (Information Technology) 5 of 6
Type (Add-on Acquisition) 4 of 31
State (California) 10 of 29
Country (United States) 19 of 54
Year (2000) 6 of 6
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-20 Clarity Visual Systems

Beaverton, Oregon, United States

Clarity Visual Systems, Inc. is a developer of network-enabled display systems for retail signage and data visualization applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 iMarket

Waltham, Massachusetts, United States

iMarket, Inc. develops business-to-business sales and marketing analysis tools.

Sell -