Rescale Brings New HPC and AI Capabilities to Market via the IBM Cloud
Rescale, a global leader in cloud high performance computing (HPC), announced today that it has selected IBM Cloud as a preferred cloud computing provider, expanding its global HPC infrastructure network. By running Rescale’s simulation and deep learning platform on the IBM Cloud, engineers, data scientists, CIOs, and IT professionals gain greater global reach, flexibility, and performance for their data and graphics-intensive workloads.
Rescale’s platform provides a software library of over 180+ simulation and machine learning applications that tackle the world’s toughest big data and big compute IT challenges. Now companies can deploy Rescale’s turn-key SaaS platform in any IBM Cloud Data Center worldwide. This also includes running popular deep learning and AI software packages by providing unlimited, pay-as-you-go access to the latest GPUs, enabling organizations to stay on the cutting edge of R&D. Rescale on IBM Cloud enables seamless access and utilization of HPC resources in the cloud, enabling engineers and data scientists to increases efficiency and time to market and providing IT executives increased visibility and control over the full-stack environment.


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Fusion, a leading cloud services provider, announced today that it has acquired Herndon, Virginia-based Apptix, Inc., a wholly-owned subsidiary of Apptix ASA. Apptix provides cloud-based communications, collaboration, virtual desktop, compliance, security and cloud computing solutions to approximately 1,500 business customers throughout the U.S. Total consideration in the transaction was $28.0 million, consisting of $23.0 million in cash and approximately 3.0 million shares of Fusion unregistered common stock priced at $1.68 per share.