HP Teams Up With Foxconn in New Effort to Win Cloud Server Business
April 30, 2014
Grazed from Recode.net. Author: Arik Hesseldahl.
Computing giant Hewlett-Packard and Foxconn, one of the world’s biggest manufacturers of computers and other electronics, will today announce a joint venture to manufacture a new line of servers aimed at filling the data centers of cloud computing companies like Google, Amazon, Facebook and others.
In what the companies are describing as a “strategic commercial agreement,” the two say they will build a new line of servers intended for the data centers of large Internet companies, a segment of the market often referred to as the hyperscale business. It’s a portion of the server market that the research firm IDC reckons will grow at a compound annual rate of 15 to 20 percent between now and 2018…
It’s also a segment of the market where HP, which is the world’s top vendor of servers, is not winning. The servers sold to hyperscale companies tend to be stripped-down, super-fast, low-cost machines, purchased by the thousands and packed into football-stadium sized data centers…
Read more from the source @ http://recode.net/2014/04/30/hp-teams-up-with-foxconn-in-new-effort-to-win-cloud-server-business/
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