According to Intel, the acquisition of the workload optimisation software provider will enable cloud and data centre customers to maximise compute workload performance, while cutting costs related to infrastructure and cloud
Granulate Cloud Solutions to be acquired by Intel. (Credit: Coolcaesar/Wikipedia.org)
Intel has agreed to acquire Granulate Cloud Solutions, an Israel-based developer of real-time continuous optimisation software that is designed to help drive greater performance and return on investment (ROI) in the cloud and data centre.
The financial terms of the deal were not disclosed. However, the consideration is reportedly up to $650m as per various media publications.
According to Intel, the acquisition of the Israeli firm will help cloud and data centre customers maximise compute workload performance, while reducing costs pertaining to infrastructure and cloud.
Intel also plans to quickly scale Granulate’s optimisation software, including across its own data centre portfolio.
Post-acquisition, Granulate’s workforce of around 120 employees will be integrated into the data centre and artificial intelligence (AI) business unit of Intel.
Intel datacentre and AI group executive vice president and general manager Sandra Rivera said: “Today’s cloud and data centre customers demand scalable, high-performance software to make the most of their hardware deployments.
“Granulate’s cutting-edge autonomous optimisation software can be applied to production workloads without requiring the customer to make changes to its code, driving optimised hardware and software value for every cloud and data centre customer.”
The autonomous optimisation service of Granulate is claimed to solve complex performance issues by reducing the utilisation of CPU and application latencies. Granulate’s software is designed to learn the customer’s application and deploy a customised set of continuous optimisations at runtime.
Through the approach, deployment on smaller compute clusters as well as instance types is enabled to boost application performance and cut down cloud and data centre costs.
Granulate’s service does not involve any intervention from developers. It also does not require the customer in making changes to its own code.
Furthermore, optimisations of workloads for the latest CPUs can be applied to legacy Linux distributions and runtimes.
Granulate co-founder and CEO Asaf Ezra said: “Together with Intel, we believe we can help customers achieve meaningful cost reductions and five times the throughput across workloads.
“As a part of Intel, Granulate will be able to deliver autonomous optimisation capabilities to even more customers globally and rapidly expand its offering with the help of Intel’s 19,000 software engineers.”
The deal, which is subject to the usual closing conditions, is expected to be wrapped up in Q2 2022.