Data Center Knowledge | News and analysis for the data center industry - Industr's Journal
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Tuesday, July 3rd, 2018
| Time |
Event |
| 2:38a |
Dell to Return to Public Markets With Tracking Stock Buyout
Dell Technologies, the world's largest technology company, is planning to go public again, five years after it became a private company, Bloomberg reported
• The company said it will buy out its tracking stock (DMTV), created to mirror VMware's value, combining cash and shares for a deal valued at $21.7 billion
• VMware will pay shareholders an $11 billion cash dividend, with Dell offering more shares or cash to make up the difference | | 4:25p |
Google's Cloud Computing Business COO Diane Bryant Has Left
Diane Bryant, the former head of Intel's data center group who joined Google's cloud business less than a year ago, has left the company, Bloomberg reported
• While at Intel, Bryant was the most well-known and successful female executive in the $300 billion chip industry
• At Alphabet, she was COO of the cloud business | | 4:39p |
This Heat Wave's So Bad It's Even Slowing Down US Stock Trades
High-speed traders on the US East Coast are seeing slower trades as a result of the weather
• High humidity caused by the heatwave in the New York City area is slowing down radio transmission between three New Jersey data centers where US stocks trade
• Nasdaq sent a note to customers saying it's taking 8 microseconds longer to send information from its data center in Carteret to the NYSE data center in Mahwah, and an extra 2 microseconds to send data to the Cboe Global Markets exchange in Seacaucus, Bloomberg reported | | 5:14p |
Supercomputers Have Been Slow to Adopt Flash Storage – Cray Wants to Change That
Cray is preparing to launch Flash storage arrays for supercomputers
• The high-performance computing space has been slow to adopt flash, relying almost completely on spinning disk
• But as HPC workloads are changing, demand for random access to data is rising |
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