Intel To Acquire Kuck & Associates
Acquisition Expands Intel's Capabilities in Software Development Tools for Multiprocessor Computing
SANTA CLARA, Calif., April 6, 2000 - Intel Corporation today announced it has entered into a definitive agreement to acquire privately held Kuck & Associates, Inc. (KAI) for an undisclosed cash amount.
KAI is a leading provider of performance-oriented compilers and programming tools used in the development of multithreaded applications. The acquisition is designed to expand Intel's development tool offerings and accelerate the trend toward multiprocessor computing.
"Advances in Intel processor technology are broadening the opportunity for cost-effective multiprocessor computing," said Richard Wirt, Intel Fellow and general manager of Intel's Microcomputer Software Lab. "Increasingly, software developers are looking to harness multiprocessing as a way to improve application performance. This acquisition will provide developers with the tools they need to simplify the development of portable, multithreaded applications."
"The combination of Intel and Kuck will allow KAI's proven, cross-platform technology to expand in usefulness and reach more ISVs," said David Kuck, chairman and chief executive officer of KAI. "We are pleased to be joining Intel and taking a leading role in advancing parallelism and C++ tools for application developers."
Intel and KAI are leaders in the development of OpenMP™, the industry standard for multithreaded software development. Multithreaded applications enable more efficient computing by spreading application workloads over multiple CPUs. Intel and KAI are founding members of the OpenMP Architecture Review Board, responsible for the evolution of the OpenMP specification. The combined product offering will provide a complete set of development tools and runtime environment for OpenMP users, including building blocks for other vendors interested in offering OpenMP development tools.
The acquisition is subject to customary closing conditions and is expected to become final in 30 days or less. Upon closing, KAI will become a wholly owned subsidiary of Intel. David Kuck will join Intel as a general manager within Intel's Microprocessor Products Group.
Intel offers a line of software development tools. More information on these tools is available at http://developer.intel.com/vtune.
Founded in 1979, Kuck & Associates, Inc. is a worldwide leader in the development of parallel software engineering tools and compiler technology. Headquartered in Champaign, Ill., the company offers a range of products that improve the productivity of software developers in the high performance computing market. For more information about KAI and its products, please visit http://www.kai.com.
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