Intel is set to spin off its Programmable Solutions Group as an independent business, aiming for an IPO in 2-3 years. PSG, led by Intel’s current Data Center and AI Group EVP Sandra Rivera, will operate independently as part of Intel’s broader restructuring efforts. Despite PSG’s past financial success, Intel believes this shift will enable more agility and growth, targeting markets beyond data centers. The goal is to retain majority ownership while allowing PSG to operate autonomously in the competitive FPGA market, similar to Intel’s approach with Mobileye.
1:01 – Arrcus Reveals Connected Edge-AI
Networking Field Day presenter Arrcus has introduced a networking solution targeted at the AI sector. Arrcus Connected Edge-AI (ACE-AI) is designed to handle the growing volume of AI data transfers between the edge, datacenter, telco points of presence, and the cloud. This is a topic we’ve frequently discussed on Utilizing Tech, both in our edge and AI seasons, as well as at our networking and cloud events. What stands out about Arrcus’ solution?
Read More: Arrcus Ups the AI Networking Game
3:41 – Accedian Acquisition Completed by Cisco
Cisco announced the completion of their acquisition of Accedian this week.The deal, which was announced back in June, is rumored to have been around $370 million. Accedian provides services assurance and monitoring, including troubleshooting of faults and recommended fixes. Accedian’s Skylight platform was already being offered by Cisco in a partnership agreement. Accedian is expected to be folded into the Crosswork Network Automation suite. Tom, what is Accedian bringing to Cisco?
Read More: Cisco Announces Intent to Acquire Accedian: Accelerating High Performance Service Assurance
5:42 – Unigen Bakes a Cupcake
We were briefed this week by Unigen, a company with over 30 years of experience focused on OEM manufacturing, on a new edge AI server known as Cupcake. This compact edge server might not draw much attention, but it has a few surprises lurking inside thanks to its clever design. Given that this week is Edge Field Day, maybe we should take a look at this tasty treat!
Read More: Unigen Cupcake
9:25 – Cloud Data Security Reach from Cohesity Increases
Cohesity has announced new partners in their Data Security Alliance. The goal is to increase posture management and work with companies that specialize in data classificiation.The new additions include big names like BigID and Securiti. The Data Security Posture Management space is growing rapidly and the move by Cohesity to partner with six companies means they have a big reach there. How will these partnerships benefit Cohesity’s goals for security?
Read More: Cohesity strengthens cloud data security reach
12:20 – The Formation of the Unified Acceleration Foundation
The Linux Foundation has established the Unified Acceleration Foundation, which is developing an open standard accelerator programming model for high-performance, cross-platform applications. The UXL Foundation aims to set up an open standard for CPU, GPU, FPGA, and accelerator based computing. It is supported by tech companies including Arm, Fujitsu, Google Cloud, Intel, Qualcomm Technologies, and Samsung, but notably not Nvidia or AMD who have a strong accelerator strategy.
16:17 – Toshiba is Going Private
The industry has been wondering what would happen with Toshiba, and that question is now answered. Toshiba announced the successful completion of a $14 billion tender offer by private equity firm Japan Industrial Partners which leads a consortium that has acquired nearly 80% of Toshiba shares. This brings Toshiba back into domestic control after years of strife with overseas activist investors, and the company plans to maintain Toshiba’s CEO to restore morale and investor confidence.
Read More: Toshiba says $14 billion takeover bid by JIP succeeds, set to go private
19:27 – Programmable Solutions Group Spun-off by Intel
Intel is set to spin off its Programmable Solutions Group as an independent business, aiming for an IPO in 2-3 years. PSG, led by Intel’s current Data Center and AI Group EVP Sandra Rivera, will operate independently as part of Intel’s broader restructuring efforts. Despite PSG’s past financial success, Intel believes this shift will enable more agility and growth, targeting markets beyond data centers. The goal is to retain majority ownership while allowing PSG to operate autonomously in the competitive FPGA market, similar to Intel’s approach with Mobileye.
Read More: Intel to Spin-Off Programmable Solutions Group as Standalone Business, Eyeing IPO in 2-3 Years
29:09 – The Weeks Ahead
Edge Field Day 2 – October 4-5, 2023
Cloud Field Day 18 + OCP Summit – October 18-19, 2023
Networking Field Day 33 – October 25-26, 2023
The Gestalt IT Rundown is a live weekly look at the IT news of the week. Be sure to subscribe to Gestalt IT on YouTube for even more weekly video content.
