Is Oracle Systems going the ARM route?
"Renee James: The company is named Ampere. We’re a new semiconductor company building hyperscale cloud processors to be used in storage as well as servers, based on ARM 64. We’re an ARM licensee, so we’re building our own cores and our own designs. Our first product is in sample now and out in the system. People are working on it. We have a presentation coming, in which you’ll see all of the workloads and software that are already running on it. It’s a 3-Ghz part, 125 watts, so it has excellent total cost of ownership (TCO), excellent price performance."
"Oracle also agreed to pitch in, as disclosed in a public filing. However, James sits on Oracle's board, so taking the investment meant that she had to give up her status as an independent director at the company and resign from her board committees.
James wouldn't comment on Oracle's part of the deal except to say that her biggest investor was "far and away Carlyle, by an order of magnitude."
She also wouldn't disclose the amount she raised except to call it "a lot" of money. Our back-of-envelope math puts the raise at about $230 million based on Oracle disclousre. Oracle said it paid $46 million for a 20% stake"