HPE, Alphabet, Ericsson, Qualcomm, Oracle, Liberty Global and NetApp are set to exit the edge computing technology provider.

Semiconductor producer AMD agreed on Monday to acquire US-based edge computing technology provider Pensando in a $1.9bn deal allowing corporates Hewlett Packard Enterprise (HPE), Equinix, Alphabet, Ericsson, NetApp, Oracle, Liberty Global and Qualcomm to exit.

Pensando has developed a distributed, programmable processor and software platform to help customers’ existing network architecture function more like cloud networks in order to support high-velocity applications.

The company claims its technology yields eight to 13 times better performance than competitive products, and the purchase…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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