Lenovo takes the cue from the likes of Dell EMC, HPE and Cisco to present TruScale Infrastructure Services-- a program enabling customers to use hardware and services either on-premises or at another site without need to buy the equipment.

“Lenovo’s TruScale as-a-Service offering is truly revolutionary, changing how IT departments procure and refresh their data center infrastructure. With our subscription-based model, customers pay for what they use, eliminating upfront capital purchase risk,” the company says. “Our offering can be applied to any configuration that meets the customer’s needs-- whether storage-rich, server-heavy, hyperconverged or high-performance compute-- and can be scaled as business dictates.”

VMware sets to augment the Workspace ONE endpoint device management platform through the acquisition of AetherPal, a provider of software for remote support of IoT and endpoint devices. Financial details of the deal are not available.

As VMware puts it, AetherPal remote support solutions "enable IT to remotely view, control, troubleshoot, and fix devices and applications in the field to improve productivity and efficiency, while reducing downtime." Remote support capabilities are a priority requirement for purpose-built and ruggedised devices used in specific jobs in warehouses, manufacturing facilities and retail outlets. Such capabilities will be even more in demand in the future, as more business-critical applications and workflows move to new form factors and locations outside the office.

Intel decides on names a 7th CEO in its 50-year history-- and it is no other than CFO Bob Swan, the man leading the company in the interim for the past 7 months since the resignation of previous CEO Brian Krzanich.

Chipzilla announced the immediate resignation of Krzanich on June 2018, after learning he had a "consensual relationship" with a fellow employee, a violation of company non-fraternisation policies.

Swan has been Intel CFO since 2016, and comes from a primarily financial and investment background. He was CFO of eBay for 9 years, starting in 2006, before joining venture capital General Atlantic. Swan was also the CFO, COO and CEO of Webvan, a grocery delivery startup that was one of the many victims of the 2000 dot-com market crash.

AMD reports revenues for 2018 total $6.48 billion, a 23% increase, with operating income of $451 million and net income of $337m. As for Q4 2018, revenues reache $1.42bn (a 6% Y-o-Y increase) with operating income worth $28m and net income of $38m.

“In 2018 we delivered our second straight year of significant revenue growth, market share gains, expanded gross margin and improved profitability based on our high-performance products. Importantly, we more than doubled our EPYC processor shipments sequentially and delivered record GPU datacenter revenue in the quarter,” CEO Dr. Lisa Su says. “Despite near-term graphics headwinds, 2019 is shaping up to be another exciting year driven by the launch of our broadest and most competitive product portfolio ever with our next-generation 7nm Ryzen, Radeon, and EPYC products.”

IBM beats Wall Street expectations with better-than-expected results, even as Q4 2018 revenues drop by -3% Y-o-Y to reach $21.8 billion, since full-year revenues are up by 1% to $79.6bn with strong growth from the cloud and services divisions.

"In 2018 we returned to full-year revenue growth, reflecting growing demand for our services and leadership solutions in hybrid cloud, AI, analytics and security," CEO Ginni Rometty says. "Major clients worldwide, such as BNP Paribas, are turning to the IBM Cloud and our unmatched industry expertise to transform their businesses and drive innovation."

Panduit, a global electrical and network infrastructure solution vendor, announces the acquisition of Atlona in a deal the two companies describe as beneficial for both sides. Financial details are not available.

“Atlona has been at the forefront in developing cutting-edge AV technology that embraces the full potential of the convergence of AV and network infrastructure,” Panduit says. “Their industry-leading solutions complement Panduit’s extensive physical infrastructure portfolio, which will allow us to offer customers a quality end-to-end solution as they move to increasingly complex network infrastructure systems.”