The adoption of the rights plan is intended as a means to guard against abusive takeover tactics in the event an unsolicited attempt is made to acquire Wind River and is not in response to a takeover proposal. The rights will be distributed as a non-taxable dividend and will expire in ten years from the record date. The rights will trade with Wind River s common stock, unless and until they are separated upon the occurrence of certain future events. Additional details regarding the rights plan will be outlined in a summary to be mailed to all stockholders following the record date. Inc. Wind River Systems, Inc. is a worldwide leader in embedded software.
Wind River is how smart things think.
Founded in 1983, Wind River is headquartered in Alameda, with operations in fifteen countries worldwide.