HP To Make $3 Billion Itanium Commitment
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Stephen Shankland of CNET News writes:
Hewlett-Packard may have transferred its last remaining Itanium processor engineers to Intel, but the server maker is standing by the technology to the tune of $3 billion.
The funds will help HP design systems and encourage software companies during the next three years, the computer maker plans to announce Thursday. HP will spend money to recruit software companies to Itanium and help them optimize and market their products for Itanium.
HP and Intel, which co-developed the Itanium chip family for more than a decade, initially declined to comment on the agreement to transfer HP’s chip designers to Intel, but late Wednesday HP confirmed and detailed the plan.
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