Bangalore, February 2, 2004 -- Wipro Technologies, a leading provider of technology solutions for the networking and connectivity markets, today announced the licensing of its USB 2.0 host software stack to Wind River, a worldwide leader in embedded software solutions. Wind River today stands as the clear leader worldwide in integrated, embedded software solutions and has a roster of customers that include global giants like NASA JPL, HP, Siemens VDO, Sony, and Honda.
"The USB 2.0 host stack is a key, supplementary technology for Wind River customers in industrial and digital consumer markets who are building embedded devices - digital TVs, set-top boxes, process control equipment and more - that need USB 2.0 host functionality to connect to other USB 2.0 peripheral devices. By working with Wipro, Wind River is able to offer Wipro’s thoroughly tested and interoperable USB 2.0 host stack, cores and software customized for inclusion in Wind River Platforms," said Bill O’Such, engineering director for Wind River Systems. "Today, Wind River announced the first of several platforms that integrate Wipro’s USB 2.0 host stack technology, providing customers with all of the necessary foundational software they need to build more efficient devices with optimized connectivity."
The USB 2.0 host stack IP licensing agreement gives a boost to the existing relationship between the $ 240 million Wind River Systems and Wipro Technologies.
“We are proud to be associated with Wind River, the worldwide market leader in embedded software and services.. Wind River’s confidence in Wipro’s USB software Intellectual Property (IP) is a further proof of the high quality and performance of our IPs. This IP licensing deal further enhances our leadership position in the wired connectivity space,” said Mr Ramesh Emani, Chief Executive of Wipro’s Embedded and Product Engineering Division.
Wipro has backed up its USB 2.0 host stack software IP licensing with extensive customization support. Wipro will also help Wind River in integrating the IP in their design.
The USB 2.0 technology is driven by the market need for high-speed data transfer between personal computers (PCs) and high performance peripherals. This technology is ideally suited for high bandwidth applications like digital cameras, DVDs, mass storage devices, printers, scanners and a host of other peripheral devices.
Wipro is a leader in the Semiconductor IP space, with IP solutions for both wireless as well as wired connectivity. Wipro offers IPs compliant with IEEE1394 (a&b), 802.11 (a, b & g), USB and Ethernet. This suite of IPs is well complemented by the one of the largest embedded solutions and VLSI design team worldwide.
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai and the National Stock Exchange, among others. More information is available at www.wipro.com.
About Wind River
Wind River is the worldwide leader in embedded software and services. It provides market-specific embedded platforms that integrate real-time operating systems, development tools and technologies. Wind River’s products and professional services are used in multiple markets including aerospace and defense, automotive, digital consumer, industrial, and network infrastructure. Wind River provides high-integrity technology and expertise that enables its customers to create superior products more efficiently. Companies from around the world turn to Wind River to create the most reliable products and to accelerate their time to market.
Founded in 1981, Wind River is headquartered in Alameda, California, with operations worldwide. To learn more, visit Wind River at www.windriver.com or call Wind River at 1-800-872-4977.
For any queries, Contact:
Arjun Viswanathan, Manager, Strategic Marketing, Wipro Technologies
Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com & www.wipro.co.in