IDG to Be Bought by Chinese Investors; IDC to Spin Out HPC Group

January 19, 2017

US-based publishing and investment firm International Data Group, Inc. (IDG) will be acquired by a pair of Chinese investors, China Oceanwide Holdings Group Co. Read more…

By Tiffany Trader

HPE Gobbles SGI for Larger Slice of $11B HPC Pie

August 11, 2016

Hewlett Packard Enterprise (HPE) announced today that it will acquire rival HPC server maker SGI for $7.75 per share, or about $275 million, inclusive of cash and debt. The deal ends the seven-year reprieve that kept the SGI banner flying after Rackable Systems purchased the bankrupt Silicon Graphics Inc. for $25 million in 2009 and assumed the SGI brand. Bringing SGI into its fold bolsters HPE's high-performance computing and data analytics capabilities and expands its position... Read more…

By Tiffany Trader

Intel to Acquire AI Startup Nervana Systems

August 9, 2016

If we needed another sign that Intel is serious about mining AI market opportunities, it came today when the chip company announced it had inked a "definitive Read more…

By Tiffany Trader

HPE Spins Off Services Unit in Merger with CSC

May 25, 2016

HPE continues its development into an entity of still-evolving form with the announced spin-off of its enterprise services unit, which will be merged with CSC, in what the two companies expect to be a $26 billion “pure-play” IT services organization. The move is in keeping with the recent history of the iconic Silicon Valley company, following the 2014 split of the old Hewlett Packard into Hewlett Packard Enterprise (HPE – servers, cloud computing and other “enterprise units, along with HPC) and HP Inc. (PCs and printers). Read more…

By Doug Black

Intel

Intel May Sell $1Billion of its Venture Assets

March 11, 2016

Bloomberg Business is reporting that Intel plans to sell up to $1 billion of its venture capital unit and will consolidate the organization. “Since its sta Read more…

By John Russell

Market Responds to Intel-Altera Negotiations

March 30, 2015

If Intel Corp. goes ahead with purported plans to purchase programmable logic peddler Altera Corp., it would be the largest-ever acquisition in the x86 chipmake Read more…

By Tiffany Trader

Will HPC Shops Accept Lenovo as Their System Supplier?

January 23, 2014

The rumors are confirmed at long last and Chinese PC and server maker Lenovo Group is buying IBM's x86 server business for $2.3 billion. What does this mean for Read more…

By Timothy Prickett Morgan

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