5 things to know for November 02: AMD to acquire Xilinx, Airtel launches Airtel IQ
Here are the five things you need to know this morning, November 02, 2020, from around the world.
AMD to acquire Xilinx for $35bn
AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) has announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion.
The transaction is expected to be immediately accretive to AMD margins, EPS and free cash flow generation and deliver industry-leading growth.
“Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry’s high performance computing leader and partner of choice for the largest and most important technology companies in the world,” AMD President and CEO Dr. Lisa Su said.
“This is truly a compelling combination that will create significant value for all stakeholders, including AMD and Xilinx shareholders who will benefit from the future growth and upside potential of the combined company.”
Chayora's TJ1 DC confirmed as first OCP READY facility in China
Chayora’s TJ1 data centre was confirmed by the Open Compute Project Foundation (OCP) to be the first data centre facility having achieved OCP Ready certification in China.
Chayora's TJ1 facility has exceeded the guidelines created by the OCP Data Centre Facility Project Team and serves as a reference for data centre operators and tenants who want to understand the fundamental facility requirements to deploy OCP hardware into their IT space.
"We could not be more delighted to join the OCP community and share our unique perspectives on opening such a magnificent facility in China,” said Jonathan Berney, COO of Chayora.
“As the first OCP READY facility in China, this certification confirms the absolute attention to world class design and build standards. We are holding our official launch event on October 29th and would be delighted for any OCP members to join us and view a virtual fly-through of our incredible facility.”
Aker BP Selects Bulk Data Centers for HPC initiatives
Bulk Data Centers has announced that it has been selected as the colocation provider of choice by Aker BP.
Aker BP is a production company on the Norwegian Continental Shelf, and is one of the largest independent oil companies in Europe.
“We’re proud to support Aker BP,” said Jon Gravråk, CEO of Bulk Data Centers.
“The value of Nordic digital infrastructure’s low operating costs when it comes to dense requirements such as those found in HPC — combined with our strategic location, scalability and flexibility — allowed us to deliver a tailored, meticulous solution to the company’s evolving needs.”
Airtel launches Airtel IQ
Indian telecommunications company Bharti Airtel (Airtel) marked its entry into the cloud communications market with the launch of Airtel IQ.
Airtel IQ, a cloud-based omni-channel communications platform, enables brands to deepen engagement with customers through timely and secure communication, according to the company.
Adarsh Nair, Chief Product Officer, Bharti Airtel, said, “At Airtel, we are obsessed with solving customer problems and Airtel IQ is first amongst several game changing products that we will be bringing to the market.
“Businesses are increasingly looking to cloud-based digital platforms to engage with consumers and Airtel IQ is built to raise the bar when it comes to brands delighting consumers.”
Global edge data centre market to be worth $29.08bn by 2027
Verified Market Research recently published a report, and found that the Global edge data centre market was valued at $5.04 billion in 2019 and is projected to reach $29.08 billion by 2027, growing at a CAGR of 24.38% from 2020 to 2027.
The major factors behind the growing edge data centre industry are the commercialization of 5G, increasing adoption of internet of things (IoT) devices, and rising mobile data traffic and over-the-top (OTT) traffic across the globe.
The growing usage of internet services followed by rise in the number of connected devices has shifted the trend toward bandwidth-intensive applications.
In addition, increasing adoption of digital services is changing the way data centres are being deployed. As the distance from the data centre increases, it takes more time to deliver digital services to customers, according to the report.