Intel Buys Israeli-Based Granulate

<p><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; Intel Corporation announced an agreement to acquire Granulate Cloud Solutions Ltd&period;&comma; an Israel-based developer of real-time continuous optimization software&period; The acquisition of Granulate will help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs&period; Deal terms are not being disclosed but reports say Intel is paying about &dollar;650 million&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Today’s cloud and data center customers demand scalable&comma; high-performance software to make the most of their hardware deployments&comma;” said Sandra Rivera&comma; executive vice president and general manager of the Datacenter and AI Group at Intel&period; &OpenCurlyDoubleQuote;Granulate’s cutting-edge autonomous optimization software can be applied to production workloads without requiring the customer to make changes to its code&comma; driving optimized hardware and software value for every cloud and data center customer&period;”<&sol;p>&NewLine;<p>Greg Lavender&comma; chief technology officer&comma; senior vice president and general manager of the Software and Advanced Technology Group at Intel&comma; said&colon; &OpenCurlyDoubleQuote;We are building our portfolio of software optimization tools that offer flexible and scalable capabilities that allow us to meet the growing demand of the ubiquitous compute era&period; Granulate’s innovative approach to real-time optimization software complements Intel’s existing capabilities by helping customers realize performance gains&comma; cloud cost reductions and continual workload learning&period;”<&sol;p>&NewLine;<p>While cloud computing and microservices have created a new era of flexibility in distributed applications and deployment scalability&comma; modern architectures have introduced more complex performance issues that are not easily managed by traditional operating systems and runtimes&period; Additionally&comma; customers often deploy older Linux distributions and application libraries that are not up to date with the latest advancements in today’s high-performance CPUs&period; Intel is committed to helping its customers ensure they are right-sizing their compute clusters&comma; instance types and cloud deployments&period;<&sol;p>&NewLine;<p>Granulate’s autonomous optimization service solves these issues by reducing CPU utilization and application latencies&period; It does this by learning the customer’s application and deploying a customized set of continuous optimizations at runtime&period; This enables deployment on smaller compute clusters and instance types to improve application performance and drive down cloud and data center costs&period; Granulate’s service does not require developer intervention nor does it require the customer to make changes to its own code&period; Optimizations for the latest CPUs can be applied even on legacy Linux distributions and runtimes&period;<&sol;p>&NewLine;<p>Granulate’s autonomous optimization service enables cloud and data center customers to significantly improve the performance of their deployments&comma; reduce operational overhead and lower application costs&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Together with Intel&comma; we believe we can help customers achieve meaningful cost reductions and five times the throughput across workloads&comma;” said Asaf Ezra&comma; co-founder and CEO of Granulate&period; &OpenCurlyDoubleQuote;As a part of Intel&comma; Granulate will be able to deliver autonomous optimization capabilities to even more customers globally and rapidly expand its offering with the help of Intel’s 19&comma;000 software engineers&period;”<&sol;p>&NewLine;<p>Intel and Granulate’s relationship began in late 2019&comma; when Granulate was part of the first graduating class of <a href&equals;"https&colon;&sol;&sol;www&period;intel&period;com&sol;content&sol;www&sol;us&sol;en&sol;now&sol;ignite&sol;intel-ignite&period;html" rel&equals;"nofollow" shape&equals;"rect">Intel Ignite<&sol;a>&comma; the startup accelerator program that taps into Intel’s resources to help early-stage companies succeed&period; Over the past year&comma; Intel and Granulate have worked together under a commercial agreement to collaborate on workload optimization on Xeon deployments&period; This collaboration resulted in gains in performance and decreases in costs for customers running on Intel processors&period; With the acquisition of Granulate&comma; Intel will rapidly scale Granulate’s optimization software&comma; including across Intel’s data center portfolio&period; Intel is investing in growth opportunities enabled by software&comma; including disruptive end-to-end artificial intelligence and security platforms&comma; services&comma; and APIs&period;<&sol;p>&NewLine;<p>The transaction is expected to close in the second quarter of 2022&comma; subject to typical closing conditions&period; At that time&comma; Granulate’s approximately 120 employees will be integrated into Intel’s Datacenter and AI business unit&period;<&sol;p>&NewLine;

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