
Intel is announcing an
acquisition today?the company has acquired the
InfiniBand business from networking and hosting company Qlogic. Intel says a significant number of the employees associated with this business are expected to accept offers to join the company. The acquisition amount was
$125 million in cash. InfiniBand is a fabric technology that provides the communications links for data flow between processors and I/O devices. The scalable technology is used to connect servers in high-performance computing (HPC) environments.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/YojaJVorsIM/
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