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By Will Feuer Intel Corp. said it is buying Israel-based developer and optimization software company Granulate Cloud Solutions Ltd. for an undisclosed sum. Intel said the deal will help... | March 31, 2022
The Israeli startup, which helps cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs, has raised $45 million since its founding in 2018
Intel has not disclosed financial details of the deal, but the price is estimated at some $650 million.
Intel to acquire AI startup Granulate Cloud Solutions to boost compute workloads, reduce cloud and hardware costs, and drive software optimization.
After more than a week of rumors, Intel has now confirmed it will be acquiring startup Granulate Cloud Solutions, an artificial intelligence (AI) softwa...