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NVIDIA beats Intel and Microsoft, acquire Mellanox for $6.9 Billion

12Mar By AdityaNo Comments

ACQUISITION

NVIDIA beats Intel and Microsoft, acquire Mellanox for $6.9 Billion

Tech-based company NVIDIA will acquire Mellanox for approx $6.9 billion beating other tech giants like Microsoft and Intel in the acquisition race. As per the report, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash. The deal will complete in the end of 2019. In the media report, Microsoft was interested in the acquisition of Mellanox. Then Intel came into the picture, looking to buy it for around $6 billion but in the end, NVIDIA emerged on the last day offer higher bid a $7 billion+ all-cash and seal the deal. The acquisition will unite two of the world’s leading companies in high performance computing (HPC). Together, NVIDIA’s computing platform and Mellanox’s interconnects power over 250 of the world’s TOP500 supercomp...

India’s NSM Selects France-based Atos to Build the Supercomputer

22Nov By Gauri SinghNo Comments

News

India’s NSM Selects France-based Atos to Build the Supercomputer

France-based IT firm Atos has been chosen to build the supercomputers under India’s Rs 4500 crore National Supercomputing Mission (NSM). This is a three-year contract and Atos would be making use of its energy-efficient Direct Liquid Cooled BullSequana supercomputers. The tender to build these high-performance computers (HPC) had been floated by the Center for Development of Advanced Computing (C-DAC) in February this year. It has been stated that the contract was for all three phases of the NSM which would be running simultaneously. “In Phase I, we will be assembling three supercomputers at an outlay of Rs 68 crore. In Phase II, it will be an aggregate of 10 petaflop, but the number of computers is yet to be decided,” Hemant Darbari, director-general, C-DAC said. Atos has a major pre...

Meet The World’s Fastest Supercomputer Launched By IBM

9Jun By Gauri SinghNo Comments

Tech

Meet The World’s Fastest Supercomputer Launched By IBM

The International Business Machines Corporation (IBM) along with the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) announced the launch of its latest and world’s fastest supercomputer named ‘Summit’. Summit was revealed at Friday at Oak Ridge National Laboratory in Tennessee. The supercomputer highlights a peak performance of tremendous 200,000 trillion calculations per second. That as fast as each of the planet's 7.6 billion people doing 26 million calculations per second on a hand calculator. IBM has declared that ‘Summit’, at present, is the most powerful and intelligent scientific computer in the world. The production and working on the supercomputer has been carried for decades and it seems their efforts have well succeeded. The features of the computer are th...

IIT Guwahati Gets State-of-The-Art Supercomputer “Param-Ishan”

20Sep By AdityaNo Comments

INDIA

IIT Guwahati Gets State-of-The-Art Supercomputer “Param-Ishan”

A state-of-the-art supercomputer, Param-Ishan, was today unveiled in IIT Guwahati by HRD minister Prakash Javadekar, as the government looks to give a push to research and innovation in Indian institutions. "It is a one of the glad moments to have the fastest and most powerful computer in northeastern, eastern and southern regions," Javadekar said after the launch. Calling IITs "modern temples for development", Javadekar said a nations potential for growth is evaluated on the quality of its research and development. Several technology areas will be positively affected through the introduction of the new supercomputer, he said. Officials said several institutions in the country will get supercomputers in the near future to boost innovation and research. "While some institutions ...