StorCentric, the parent company of Drobo and Nexsan, announces the acquisition of Retrospect, a privately-owned developer of backup and recovery software aimed at the consumer, professional and SMB markets.

Financial details of the deal are not available.

Retrospect backup and recovery software counts over 500000 customers in around 100 countries. It supports both consumers and SMBs with a range of backup and recovery capabilities, including support for servers, endpoints and virtual environments, as well as integration with over 20 cloud storage providers such as Amazon S3, Google Cloud Storage and Dropbox.

Extreme Networks buys into cloud management and wireless networking with the $272 million acquisition of Aerohive Networks, a pioneer in cloud-managed networking, AI and machine learning.

According to Extreme Networks, the acquisition adds "critical" cloud management and edge capabilities to its portfolio of end-to-end, edge to cloud network solutions, as well as a subscription revenue stream. It also strengthens the position of Extreme in WLAN during the transition to Wifi 6, with cloud-managed wifi and NAC solutions to complement on-premises wifi and NAC technology.

Hewlett Packard Enterprise (HPE) announces the winners of the 2019 HPE Partners Awards at its Global Partner Summit in a ceremony to recognise "outstanding performance and accomplishments" across the entire ecosystem.

"We are dedicated to innovating new, collaborative solutions that enable mutual growth together with our partners," the company says. "We have a large network of partners across the globe, and as a company, we are committed to delivering the value, resources and expertise that our partners have come to trust and expect from us."

As HPE puts it, the criteria for choosing a winning partner include excellent financial performance, innovative solutions and driving meaningful business results for shared customers.

Intel heads to Computex 2019 to unveil the long-awaited 10th generation line of Core processors-- the 10nm-based "Ice Lake" range, with a first wave of products aimed at mobile computing applications.

“No one wants to compromise; people want it all-- battery life, performance, responsiveness, connectivity and slick form factors. Our job is to come together as an industry and deliver incredible and differentiated PCs, purpose built to what real people want," Chipzilla says. "10th Gen Intel Core processors-- our most integrated CPU-- and Project Athena are great examples of how our deep investments at a platform level will help fuel innovation across the industry."

The processor range offers models from Core i3 up to i7, with up to 4 cores and 8 threads, up to 4.1 max turbo frequency and up to 1.1GHz graphics frequency. Built using a 10nm process, the chips feature "Sunny Cove" architecture and a Gen11 graphics engine, as well as Deep Learning Boost (DL Boost) technology promising to bring AI technology to PC scale.

Hewlett Packard Enterprise (HPE) sets to bolster its computing muscle with the $1.3 billion acquisition of Cray, the famous company behind 3 of the top 10 supercomputers in the world.

“Answers to some of society’s most pressing challenges are buried in massive amounts of data,” HPE says. “Only by processing and analysing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more. Cray is a global technology leader in supercomputing and shares our deep commitment to innovation. By combining our world-class teams and technology, we will have the opportunity to drive the next generation of high performance computing and play an important part in advancing the way people live and work.”

Last June Toshiba Memory Corporation (TMC) was acquired by a consortium lead by Bain Capital. Now the Wall Street Journal reports Toshiba sets to buy back the storage unit from the companies making said consortium.

The consortium includes Apple and Dell, as well as storage rivals Kingston and Seagate. According to the unnamed WSJ sources, the companies plan to sell their shares back to Toshiba for around 500 billion yen (or $4.5bn) in a deal set to be completed by end May 2019. Funding the buyback are Japanese banks with a loan worth around $11.8bn. Bain Capital is not selling its shares, and as such remains a majority owner of TMC.