Participants include big names like BMW, Deutsche Bank AG , and Lockheed Martin Corp. Intel itself will be a non-voting technical adviser.
The work with the NSC includes the establishment of a cloud-computing research center at a cost of about $23.5 million during the next three to five years, AFP reports. Really, according to Taipei Times, they'll be doing "emerging connected embedded devices" -- meaning, chip research.
Mellanox supplied Infiniband chips to Sun Microsystems, and those chips are probably now found in Oracle's Exadata and Exalogic appliances. A closer relationship to Mellanox gives Oracle a view into the roadmap for these interconnect devices.
Mellanox's valuation kicked upward about 8 percent on Thursday and Friday, to $778.4 million. So, it would take about $1 billion if someone else wanted to sneak in and buy all of Mellanox -- someone upset at Oracle for some reason, as The Register points out.
Elsewhere in the cloud:
- BBWF 2010: Coming Down the Pipe
- BBWF 2010: Top 10 Topics
- Euronews: Oct. 25
- AT&T Wireline 'Good News' Not All That Good
- Verecloud Promotes One, Hires Another
- Blade, LSI Use IP Infusion
- Elisa Extends Cloud Offering
- Verizon Snags Piece of GSA Cloud Contract
— Craig Matsumoto, West Coast Editor, Light Reading