AMD to Acquire Microserver Startup SeaMicro for $334 Million
Advanced Micro Devices on Wednesday announced a deal to acquire startup SeaMicro, a maker of microservers and data center fabric technology, for $334 million. SeaMicro chief executive Andrew Feldman will become general manager of a newly formed AMD business unit called Data Center Server Solutions.
"SeaMicro's leading-edge fabric technology together with AMD Opteron processors point the way to a compelling roadmap for the cloud data center market," said Lisa Su, senior vice president and general manager of AMD's Global Business Units, in a discussion with reporters at the chip maker's Sunnyvale, Calif. headquarters ahead of the announcement.
New IBM Analytics Technology Helps Clients Unlock Big Data
ARMONK, N.Y. - 22 June 2011: IBM (NYSE: IBM) today announced a new analytics appliance that allows organizations to analyze up to 10 petabytes of data in a matter of minutes. The technology is designed to help industries uncover patterns and trends from large data sets, while meeting compliance mandates.
The new IBM Netezza High Capacity Appliance addresses a growing challenge where organizations are amassing huge amounts of data. Banks, insurance companies, healthcare organizations and communications services providers are required by industry regulators to retain massive amounts of data - in some cases up to a decade. As data retention laws continue to evolve, organizations are faced with a unique challenge to store and analyze ever-expanding "big data" sets that may not be directly related to daily operations, yet still hold potential business value.