Over this past weekend, PC World ran an article on their website about the possible acquisition of Wind River Systems by IBM. Wind River as you might recall was recently selected by Palm to provide an open standards based Linux OS for future Foleo products. (Details here.)
"IBM Corp. could establish a strong presence in the market for embedded operating systems with the acquisition of financially ailing Wind River Systems Inc., a deal that is reportedly in the works.
After the Silicon Valley Watcher site reported earlier this week that IBM was considering the deal, industry insiders -- including Wind River competitors -- agreed that an acquisition would make sense.
Wind River, a 1,300-person company in Alameda, California, develops operating systems for embedded applications primarily in the aerospace, defense and automotive industries, using both a version of Linux and its proprietary VxWorks OS."