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Vendor News

Lenovo to Buy Fujitsu PC Business?

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Lenovo to Buy Fujitsu PC Business?

Fujitsu plans to hand over the its PC business to Lenovo as part of refocus on higher-priority efforts, the Nikkei Asian Review reports-- and the companies hope to reach a deal some time on October 2016.

The company did release a statement on the matter, but it appears to neither confirm nor deny the story. Instead it simply says Fujitsu is "currently considering various possibilities, including what is being reported, but a decision has not yet been made."

In turn, Nikkei claims the two companies have two proposals for the Fujitsu PC business-- either the transfer of Fujitsu PC design, development and manufacturing operations to a Lenovo-led joint venture, or Lenovo taking a majority stake in the Fujitsu PC subsidiary. Either decision moves 2000 employees from Fujitsu to Lenovo.

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Peerless-AV and Almoe Digital Solution partner for GITEX 2016

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Peerless-AV and Almoe Digital Solution partner for GITEX 2016

Peerless-AV and Almoe Digital Solutions, distributor of AV and IT products and supplier of customised business technology solutions across the UAE, announce their new partnership-- and the launch of new solutions at the 36th Gitex Technology Week (at the Dubai World Trade Centre from 16th to 20th October).

On the Almoe Digital Solutions stand, Peerless-AV will be exhibiting a range of versatile and installer-friendly video wall mounts and kiosk solutions to GITEX's international audience of more than 146,000 professionals.

[Photo caption: Read more...

Apple Moves London HQ to Battersea Power Station

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Apple Moves London HQ to Battersea Power Station

Apple takes over a famed "cathedral of power" as it announces plans to move 1400 staff from 8 locations in London to the restored Battersea power station, making it one of the biggest Apple sites outside of the US.

The iPhone maker will occupy all top 6 office floors in the Grade II listed building, which has stood derilict for 33 years on the bank of the Thames. The actual move to the building should take place in 2021, and makes Apple the biggest single tenant in the 42-acre complex comprising homes, offices, shops and leisure facilities.

“This is a great opportunity to have our entire team working and collaborating in one location while supporting the renovation of a neighborhood rich with history,” an Apple statement to the Evening Standard reads.

Apple's European HQ will remain in Cork, Ireland, where it employs around 6000 people. The company has 2530 staff in the British capital, 1100 of which work in its retail operations. Its biggest London office is in Hanover Street, Mayfair, near the flagship Regent Street store.

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A New McAfee is Born: Intel Sells Majority Stake

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A New McAfee is Born: Intel Sells Majority Stake

Intel sells 51% of its security business to private equity firm TPG to create an independent company in a deal worth about $4.2 billion.

While Intel paid $7.6 billion for McAfee in 2010, the $3.4 billion difference belies the fact that the security unit is still financially strong and Intel's minority position should generate cash for some years to come.

Last quarter it generated $537 million, a 10% revenue increase over the same 2015 period, and through the first half of 2016, revenue grew 11% to $1.1 billion. 

Intel Security Group Read more...

AMD Ships 7th Gen A-Series Desktop CPUs

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AMD Ships 7th Gen A-Series Desktop CPUs

AMD starts shipping rivals to Intel's Kaby Lake CPUs to OEMs-- specifically the 7th generation Bristol Ridge-based A-Series featuring the AM4 platform aimed at desktop system use.

The CPUs support DDR4 memory and next-gen I/O standards, including PCIe Gen 3, USB 3.1, NVMe and SATA Express. They also promise high-speed processing, smooth gaming and enhanced media streaming (with 4K/UHD video support in both H.264 and H.265 formats) capabilities. The chips carry up to 4 Excavator cores and come in 65W and 35W versions.

Meanwhile the AM4 socket is a unified socket infrastructure providing compatibility between A-Series processors and upcoming "Summit Ridge" CPUs.

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Intel Buys Machine Vision Specialist Movidius

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Intel Buys Machine Vision Specialist Movidius

Intel invests in improving the way computers see the world as it acquires Movidius, a machine vision specialist whose technology is found in products from the likes of DJI, Lenovo and Google.

The financial details of the deal are not available.

One might recall Chipzilla already has an interest in machine vision, having developed the RealSense depth-sensing camera system. As such, Movidius technology will surely be integrated with the Intel offering, not to mention other recent Chipzilla acquisitions in the field such as machine-learning startup Nervana systems.

“The ability to track, navigate, map and recognise both scenes and objects using Movidius’ low power and high performance (chips) opens up opportunities in areas where heat, battery life and form factors are key,” Intel says. “Specifically, we will look to deploy the technology across our efforts in augmented, virtual and merged reality, drones, robotics, digital security cameras and beyond.”

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HPE Finds Buyer for Software Unit?

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HPE Finds Buyer for Software Unit?

HP Enterprise (HPE) is in talks to sell its software unit to buyout firm Thoma Bravo, Reuters reports, a deal the company hopes is worth anything from $8 to $10 billion.

According to the usual "people familiar with the matter" HPE boss Meg Whitman wants to restructure the company to focus on networking, storage, datacentres and other rrelated services. Software fails to slot neatly in either unit and as such it means it has to go, preferably to a buyer with at least some experience in running software companies.

Thoma Bravo actually fits the bill, since it already owns Dynatrace and Compuware. It apparently wants to combine these companies with HPE assets in order to produce cost savings and efficiencies. News of HPE wanting to sell at least "some" software assets emerged back in July 2016, with a Bloomberg report claiming the sales process was still in the "preliminary stages."

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