Value Journal | Issue 04 | September 2016

Page 1

Issue 04 // September 2016

HPE ACQUIRES SGI FOR $275 MILLION

H

ewlett Packard Enterprise has announced that it has signed a definitive agreement to acquire SGI for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt. SGI products and services are used for high-performance computing (HPC) and Big Data analytics in the scientific, technical, business and

government communities to solve challenging data-intensive computing, data management and virtualisation problems. The company has approximately 1,100 employees worldwide, and had revenues of $533 million in fiscal 2016. “At HPE, we are focused on empowering data-driven organisations,” said Antonio Neri, Executive Vice President and General Manager, Enterprise Group, Hewlett Packard Enterprise. “SGI’s Continued on page 2

Dell-EMC deal set to close Oracle MiniCluster in September S7-2 Engineered Dell and EMC have announced plans to close the transaction to combine both businesses on 7th September 2016.

Michael Dell, CEO and Chairman, Dell Technologies

Dell Technologies, the name of the new combined company, will begin operating

immediately following the close of the transaction. The announcement follows regulatory approval of the Dell and EMC transaction by China’s Ministry of Commerce (MOFCOM), which has granted clearance for the companies’ proposed combination. MOFCOM approval was the final regulatory condition to closing the transaction. EMC shareholders approved the Continued on page 2

System

The new system aims to bring Oracle database customers the required zero downtime and full security compliance. Oracle has released a low cost SPARC Cluster based on the new low cost SPARC S7-2 servers. The new system aims to bring Oracle database customers the required zero downtime and full security compliance. According to the company, the MiniCluster S7-2 is a simple and efficiently engineered system designed

to run enterprise databases and applications with uncompromising security. It allows users to run remote offices, small offices, and agile software development (DevOps) environments. It is also ideal for highly securitysensitive applications, such as managing patient medical Continued on page 2

Redington Value is a value added distributor for the following brands in parts of Middle East & Africa:

For more information, please write to sales.value@redingtonmea.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Value Journal | Issue 04 | September 2016 by Reseller Middle East - Issuu