By Telecom Lead Team:
Chip major Intel is set to acquire the product lines of and certain assets
related to its InfiniBand business from Qlogic.
Intel will also be absorbing a significant number of the
employees associated with this business.
This acquisition is designed to enhance Intel’s
networking portfolio and provide scalable high-performance computing (HPC)
fabric technology as well as support the company’s vision of innovating on
fabric architectures to achieve ExaFLOP/s performance by 2018. An ExaFLOP/s is
a quintillion computer operations per second, a hundred times more than today’s
fastest supercomputers.
The deal is expected to close by the end of the current
quarter.
At the International Supercomputing Conference 2011,
Intel unveiled a bold vision to redefine HPC performance and break the Exascale
barrier by 2018. The technology and expertise from Qlogic provide important
assets to provide the scalable system fabric needed to execute on this vision.
Adding Qlogic’s InfiniBand product line to our networking portfolio will bring
increased options and exceptional value to our datacenter customers,” said Kirk
Skaugen, vice president and general manager of Intel‘s Data
Center and Connected System Group.
Recently, Intel Corp announced that it will sharply
increase its capital expenditure budget for 2012 in order to catch up in
tablets and smartphones and to extend its lead in corporate data centers.
Chip major Intel to up capital expenditure to $12.5 billion
eyeing tablets
Rushing to speed up its development of competitive chips
for smartphones and tablets, Intel said it is boosting capital spending in 2012
to $12.5 billion, plus or minus $400 million. Last year its capital
expenditures were $10.7 billion.
