FILE PHOTO: MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/Pichi ChuangFILE PHOTO: MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/Pichi Chuangfor $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors.
The startup makes a fully programmable processor and a software platform, which helps enterprise clients and data center customers to function more like cloud computing data centers like Amazon’s Amazon Web Services. The lucrative data center chip business is rife with competition, with AMD rivals Intel Corp and Nvidia Corp, stepping up their offerings to grab market share and as software to ensure that chip performance is optimum is becoming an increasingly important part of chip makers’ offerings.