WIND RIVER SYSTEMS INC
8-K, 1998-02-06
COMPUTER PROGRAMMING SERVICES
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                          SECURITIES AND EXCHANGE COMMISSION

                               Washington, D.C.  20549

                                       FORM 8-K

                                    CURRENT REPORT
                        Pursuant to Section 13 or 15(d) of the
                           Securities Exchange Act of 1934


          Date of Report (Date of earliest event reported): January 30, 1998




                              WIND RIVER SYSTEMS, INC.
               (Exact name of registrant as specified in its charter)



      Delaware                      0-21342                  94-2873391
(State of jurisdiction)      (Commission File No.)         (IRS Employer
                                                        Identification No.)



                                 1010 Atlantic Avenue
                                  Alameda, CA 94501
               (Address of principal executive offices and zip code)



         Registrant's telephone number, including area code:  (510) 748-4100



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Item 5.   Other Events

- --------------------------------------------------------------------------------

     On January 30, 1998, Wind River Systems, Inc. (the "Company") acquired
Objective Software Technology Limited (OST), based in Livingston, Scotland.  See
the Company's press release, dated February 2, 1998, titled "Wind River Systems,
Inc. Acquires Objective Software Technology Ltd." attached hereto as Exhibit
99.1.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

- --------------------------------------------------------------------------------

(c)  Exhibits.

Exhibit
Number         Description
- ---------      --------------

99.1           Press Release, titled "Wind River Systems, Inc. Acquires
               Objective Software Technology Ltd.," dated February 2, 1998.



                                          2.

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                                     SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                  WIND RIVER SYSTEMS, INC.



Dated:  February 6, 1998                     By: /s/ Richard W. Kraber
                                                --------------------------------
                                                  Richard W. Kraber
                                                  Chief Financial Officer


                                          3.


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                                    EXHIBIT INDEX


Exhibit
Number         Description
- ---------      --------------
99.1           Press Release, titled "Wind River Systems, Inc. Acquires
               Objective Software Technology Ltd.," dated February 2, 1998.


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                                                                    Exhibit 99.1


Wind River Systems Inc. Acquires Objective Software Technology Ltd.: Investment
Strengthens Wind River's Expertise in Object-Oriented Visualization Technology.


ALAMEDA, Calif. February 2, 1998 /Business Wire/ -- Wind River Systems Inc.
(NASDAQ/NMS:WIND) announced today that it has acquired Objective Software
Technology Limited (OST), based in Livingston, Scotland.

The acquisition is aimed at bringing the best object-oriented visualization
technology to Wind River's customer base and expanding Wind River's innovative
global engineering workforce.

Under the terms of the agreement, Wind River has acquired 100% of the stock of
OST in a transaction to be accounted for as a purchase.  As a result of the
acquisition, Wind River expects to incur a one-time after tax charge of
approximately $3.7 million in the fourth quarter of fiscal 1998, which ended on
Jan. 31.

"The WindNavigator and Look! browsers, which are an important part of our
visualization tools technology and which we currently resell from OST, will
become an integrated part of Wind River's product line," said Ron Abelmann,
president and chief executive officer of Wind River Systems.  "OST's products
and engineering talent complement Wind River's business goals and product
strategy extremely well," continued Abelmann.

"This acquisition, and our recently-announced partnership with Network Computer,
Inc., are very important strategic applications of the capital that Wind River
has raised over the past year and a half.  Our fourth quarter is progressing
well and, excluding these charges, we expect our revenue and operating profit
for the quarter to continue the excellent performance that we have experienced
over the past 15 quarters."

OBJECTIVE SOFTWARE TECHNOLOGY LTD.
Based in Livingston, Scotland, Objective Software Technology Ltd. is the leading
provider of runtime object visualization technology.  Its principal product,
Look!, was launched June 1993 and is the first commercial runtime visualization
tool for C++ applications.  It won Best New OT Product Award at Object World
Boston in 1994.  With Look!, developers can quickly understand and debug the
runtime behavior of application code which either they or third parties have
written.

WIND RIVER SYSTEMS, INC.
Wind River Systems, Inc., an ISO 9001 registered company, is the leading
provider of integrated software development tools for real-time embedded
applications in the Internet, telecommunications, data communications, office
automation, networking, computer peripherals, medical, automotive, industrial,
aerospace and multimedia markets.

Through the industry's most comprehensive product line and customer support,
Wind River enables customers to develop and reuse application software across a
variety of products and platforms, shortening development cycles and improving
time-to-market.

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Incorporated in 1983, Wind River is headquartered in Alameda.  Wind River
reported revenues of $64 million in fiscal year 1997, a 45% increase from fiscal
year 1996.

Except for the historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties,
including but not limited to integration for new businesses, timely development,
acceptance and pricing of new products, the impact of competitive products and
pricing, and other risks detailed in the company's most recent SEC Form 10-K.
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