prnewswire | September 08, 2020
GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group of investors. The fund was oversubscribed and surpassed its initial target of $1.25 billion. The GI Data Infrastructure Fund continues the firm's 20-year history of control-oriented investing in hard asset infrastructure companies and properties underpinning the digital economy. The Fund will invest across four data infrastructure subsectors data centers, data transport, wireless access, and tech-enabled infrastructure, primarily in North America. The team, which works closely with the firm's private equity and real estate teams and leverages the firm's broad resources, is led by Steve Smith, who was previously CEO of Equinix (the world's largest data center company), and Mark Prybutok, an experienced data infrastructure investor.
Silicon Labs | July 30, 2021
Silicon Labs announced today that it has completed the all-cash asset divestiture of its Infrastructure & Automotive business to Skyworks Solutions for $2.75 billion.
"I thank both companies' dedicated employees for completing a transformative transaction," Silicon Labs CEO Tyson Tuttle stated. "You have not only been a cornerstone of Silicon Labs' success but also a personal source of pride for my former infrastructure and automotive colleagues. At Skyworks Solutions, we wish you continued success."
The acquisition establishes Silicon Labs as a pure-play leader in secure, intelligent wireless connectivity. The company's leading wireless development platform, unrivaled product portfolio, award-winning security technology, and strong ecosystem allow it to capitalize on the global IoT market's growing diversity.
Silicon Labs intends to distribute about $2.0 billion to shareholders through a combination of special dividends and share repurchases from the net proceeds of roughly $2.3 billion after taxes and transaction costs.
About Silicon Labs
Silicon Labs is a leader in developing secure, intelligent wireless technologies for a more connected world. Our integrated hardware and software platform, user-friendly development tools, unmatched ecosystem, and strong support make us the perfect long-term partner for developing advanced industrial, commercial, home, and life applications. We make it simple for developers to solve difficult wireless challenges across the product lifecycle and bring new solutions to market quickly, changing industries, emerging economies, and improving people's lives.
Lenovo | June 19, 2020
Lenovo Data Center Group. Our new ThinkSystem servers are designed to enhance mission-critical applications like SAP HANA and accelerate next-generation workloads like AI.
The servers, combined with the DM7100 and business intelligence solutions from SAP, are material to helping customers address their data challenges in a variety of ways
A new remote deployment service offering for the Lenovo ThinkSystem DM7100 offers up to 80% faster implementation vs. scheduling on-site deployments.
Today, Lenovo Data Center Group (DCG) announced new flexible solutions to empower customers to simplify common data management challenges. DCG is announcing the launch of the ThinkSystem SR860 V2 and SR850 V2 servers, which now feature 3rd Gen Intel Xeon Scalable processors with enhanced support for SAP HANA based on Intel Optane persistent memory 200 series. In addition, Lenovo is announcing new remote deployment service offerings for the ThinkSystem DM7100 storage systems.
With these new offerings, customers can more easily navigate complex data management needs to deliver actionable business intelligence through artificial intelligence (AI) and analytics, while getting maximum results when combined with business applications like SAP HANA®. Many industries are faced with the ever-increasing challenge of having to analyze greater volumes of data, maintain the velocity of the data being transacted and support the variety of the data being collected and stored.
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Lenovo’s new ThinkSystem SR860 V2 and SR850 V2 mission critical servers feature 3rd Gen Intel Xeon Scalable processors and support for enhanced Intel® Deep Learning Boost enabling customers to handle their most data intensive workloads.
Without proper storage and processing capabilities, organizations are missing critical insights about their customers and business, while others experience bottlenecks due to a variety of data types that need to be analyzed, categorized and more quickly utilized to drive business value. Finally,
the insights that come from data have definitive time limits, so the faster that systems can handle data, the greater amount of value that can be extracted.
To help customers accelerate high performance workloads and improve efficiency, Lenovo’s new ThinkSystem SR860 V2 and SR850 V2 servers feature the latest in high-end processing and memory capabilities, with twice the amount of NVMe storage capacity1. The servers, combined with the DM7100 and business intelligence solutions from SAP, are material to helping customers address their data challenges in a variety of ways. The new 3rd Gen Intel Xeon Scalable processor-based enable more rapid data ingest capabilities to help tackle the growing volume of data coming into the data center.
When combined with Lenovo DB fiber channel switches, customers can now achieve end-to-end NVMe deployment, delivering higher throughput and up to a 50 percent reduction in latency.
The constant change in information and ever evolving needs of customers means there must be faster and more efficient solutions to turn data into information that empowers businesses,” said Kamran Amini, Vice President and General Manager of Server, Storage and Software Defined Infrastructure, Lenovo Data Center Group. “Our new ThinkSystem servers are designed to enhance mission-critical applications like SAP HANA and accelerate next-generation workloads like AI, analytics and machine learning, enabling mission critical performance and reliability for all data centers and maximum business value for our customers.
Lenovo is a US$50 billion Fortune Global 500 company, with 63,000 employees and operating in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that create a more inclusive, trustworthy and sustainable digital society. By designing, engineering and building the world’s most complete portfolio of smart devices and infrastructure, we are also leading an Intelligent Transformation – to create better experiences and opportunities for millions of customers around the world. Select configurations of the ThinkSystem SR860 V2, SR850 V2 and DM7100 solutions are available through Lenovo TruScale, the pay-for-what-you-use data center, offering customers a flexible and cost effective option for adoption.
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