Intel has agreed to acquire the Smart Edge intelligent-edge platform business from Pivot Technology Solutions, an IT infrastructure and service provider.
Smart Edge is a cloud-native platform for multi-access edge computing (MEC). Enterprises and communications service providers can use Smart Edge to enable cloud-like services closer to the user on the customer-premise or network edge.
The expansion of computing in the network and at the edge is a growth opportunity for Intel — an estimated $65 billion silicon addressable market by 2023. Edge computing is a growth opportunity that is accelerating with the rollout of 5G networks.
This transaction enhances our ability to address the 5G network transformation with a leading position in edge computing, said Dan Rodriguez, Intel vice president in the Data Center Group and general manager of the Network Compute Division.
The Smart Edge platform is built to run on Intel technologies, such as Intel Xeon Scalable processors, Intel Optane memory, Intel FPGAs and other accelerators. Smart Edge’s software is also complementary with Intel’s OpenNESS (Open Network Edge Services Software) project.
Enterprises and service providers can use Smart Edge to tap new business opportunities and add revenue streams while reducing the total cost of ownership for intelligent edge solutions. For example, retailers could deploy new personalized and location-aware in-store experiences or factories could combine 5G, data analytics and artificial intelligence (AI) near the edge to drive greater operational efficiencies.
Approximately 25 Smart Edge employees will join Intel’s Network and Custom Logic Group (NCLG). Intel and Pivot will sign a Preferred Partner Agreement, which identifies Pivot as an authorized Smart Edge reseller and Intel’s non-exclusive Preferred Systems Integrator for Smart Edge-based edge services solutions.
Kevin Shank, CEO of Pivot, said: “Intel will leverage Pivot’s core strengths as a technology integrator and service provider with Intel’s technology solutions to drive the adoption of the Smart Edge platform.”