Intel has signed a definitive agreement to acquire the Smart Edge intelligent-edge platform business from Pivot Technology Solutions Inc., an IT infrastructure and service provider. Smart Edge is a cloud-native, scalable and secure platform for multi-access edge computing (MEC). With Smart Edge, enterprises and communications service providers can 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 an important growth opportunity for Intel. Edge computing is an opportunity that is accelerating with the rollout of 5G networks.
The Smart Edge platform is built to run on Intel technologies, such as Intel Xeon Scalable processors today and, going forward, 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.
For enterprises and service providers, Smart Edge enables new opportunities and revenue streams while reducing the total cost of ownership for intelligent edge solutions.
Approximately 25 Smart Edge employees will join Intel’s Network and Custom Logic Group (NCLG) when the transaction closes, which is expected in the coming weeks.
Also, as a part of this acquisition, 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.