Intel Acquires Smart Edge, Aims To Lead Position In Edge Computing.

By John Heerdink LinkedIn

As per reports, Intel Corporation (INTC) has recently entered into a definitive agreement to acquire the Smart Edge, an intelligent-edge platform from an IT infrastructure and service provider, Pivot Technology Solutions Inc., marking an important growth opportunity for Intel for expansion of computing in the network and at the edge. Edge computing is an opportunity to accelerate the rollout of 5G networks.

Smart Edge is a cloud-native based, extensive and secure platform for multi-access edge computing where enterprises and communications service providers can empower cloud-like services closer to the user on the customer-premise or network edge. The Smart Edge platform is compatible to run on Intel technologies and highly complementary with Intel’s OpenNESS.

At the close of the transaction, an approx. of 25 Smart Edge employees will join Intel’s Network and Custom Logic Group (NCLG). Additionally, Intel and Pivot to sign a Preferred Partner Agreement, identifying Pivot as an authorized Smart Edge reseller and Intel’s non-exclusive Preferred Systems Integrator to serve as Smart Edge-based edge services solutions.

“Our partnership with Intel will leverage Pivot’s core strengths as a technology integrator and service provider with Intel’s advanced technology solutions to drive the adoption of the Smart Edge platform. We look forward to collaborating with Intel to develop and take to market many new edge computing use cases,” stated Kevin Shank, CEO of Pivot.

Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally. To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

oct2(11)

(Read Original Story: Intel Eyes Leadership in 5G Edge Computing; Acquiring Smart Edge in Intel.com)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us