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AMD completed its previously-acquisition of Pensando Systems in a transaction valued at approximately $1.9 billion. Pensando’s distributed services platform will expand AMD’s data center product portfolio with a high-performance data processing unit (DPU) and software stack that are already deployed at scale across cloud and enterprise customers including Goldman Sachs, IBM Cloud, Microsoft Azure and […]
AMD agreed to acquire Pensando, a Silicon Valley start-up offering a software-defined edge services platform powered by a custom packet processor, for approximately $1.9 billion before working capital and other adjustments. Pensando (“thinking” in Spanish) is led by Cisco’s legendary “MPLS” team — Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani and Randy Pond. Its […]
AMD completed its previously-announced acquisition of Xilinx in an all-stock transaction. Xilinx stockholders received 1.7234 shares of AMD common stock and cash in lieu of any fractional shares of AMD common stock for each share of Xilinx common stock. AMD expects the acquisition to be accretive to non-GAAP margins, non-GAAP EPS and free cash flow […]
Xilinx completed its acquisition of Solarflare, a provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. Financial terms were not disclosed. The deal was first announced in April. Earlier this year, the two companies demonstrated a single-chip FPGA-based 100Gb SmartNIC, processing 100 million packets per-second receive and transmit, all at […]
Xilinx announced first customer shipment of its Virtex UltraScale+ FPGA, the industry’s first high-end FinFET FPGA built using TSMC’s 16FF+ process. The Virtex UltraScale+ devices join the Zynq UltraScale+ MPSoCs and Kintex UltraScale+ FPGAs showcasing the availability of all three families of the Xilinx 16nm portfolio. The UltraScale+ portfolio provides 2 – 5x greater system-level […]
Verizon announced plans to begin 5G field trials in 2016. The benefits of 5G are expected to include 50x throughput performance over 4G, latency in the single milliseconds, and the ability to handle exponentially more Internet-connected devices to accommodate the expected explosion of the Internet of Everything. Alcatel-Lucent, Cisco, Ericsson, Nokia, Qualcomm and Samsung participated […]
