Intel Corporation announced an agreement to acquire Granulate Cloud Solutions, an Israel-based developer of real-time optimization software.
Intel said the acquisition of Granulate will help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs.
Deal terms are not being disclosed. Intel aims to add Granulate’s approximately 120 employees to Intel’s Datacenter and AI business unit.
“Granulate’s autonomous optimization software can be applied to production workloads without requiring the customer to make changes to its code, driving optimized hardware and software value for every cloud and data center customer,” said Sandra Rivera, executive vice president and general manager of the Datacenter and AI Group at Intel.
Granulate’s autonomous optimization service solves issues by reducing CPU utilization and application latencies. It does this by learning the customer’s application and deploying a customized set of continuous optimizations at runtime.
Granulate’s autonomous optimization service enables cloud and data center customers to significantly improve the performance of their deployments, reduce operational overhead and lower application costs.
“Together with Intel, we believe we can help customers achieve meaningful cost reductions and five times the throughput across workloads,” said Asaf Ezra, co-founder and CEO of Granulate. “As a part of Intel, Granulate will be able to deliver autonomous optimization capabilities to even more customers globally and rapidly expand its offering with the help of Intel’s 19,000 software engineers.”
Intel and Granulate’s relationship began in late 2019, when Granulate was part of the first graduating class of Intel Ignite, the startup accelerator program that taps into Intel’s resources to help early-stage companies succeed.
The transaction is expected to close in the second quarter of 2022.