Frederic Hanika has left his position as US-based head of mergers and acquisitions (M&A) and corporate ventures for Germany-headquartered enterprise software provider Software AG to move to industrial internet-of-things (IoT) software producer Wind River.
US-based Wind River has appointed Hanika senior vice-president of corporate development. He joined Software AG in 2006 and held several Germany-based senior positions managing M&A, taking his most recent role in 2012.
Hanika sat on the boards of Software AG’s portfolio companies including payment and supply chain financing provider Traxpay, visual analytics technology producer ICharts and predictive analytics software developer Predixion Software.
Wind River was an IoT-focused subsidiary of semiconductor and data technology provider Intel from 2009 until April 2018 when it was divested to TPG Capital, a subsidiary of private equity group TPG.
Wind River had made strategic investments through a corporate venturing unit called Wind River Ventures before it was acquired by Intel, participating in funding rounds for semiconductor developer Tvia and market data provider Celoxica in the early 2000’s.
Photo of Frederic Hanika courtesy of Wind River Systems, Inc.
