Pliops specialises in the development of advanced technologies and acceleration solutions for AI and storage servers in data centres.
“This proposed merger with Pliops represents a major strategic opportunity for our companies. By combining our strengths, we aim to become the global leader in data acceleration solutions for storage and AI GPUs. We are confident that this alliance would offer our customers even more disruptive solutions and present a unique value, including to the most advanced players in the market," said Eric Baissus, CEO of Kalray.
Discussions are said to be at an advanced stage.
Ido Bukspan, CEO of Pliops and former SVP of Chip Design at NVIDIA said, “The potential in this proposed merger between our two companies is tremendous. Combining our technological expertise, teams, and products to make this new entity a global leader will significantly accelerate our time to market with a novel storage paradigm for AI data acceleration solutions. “
Pliops has been responsible for a number of innovative in terms of advanced technologies and acceleration solutions, specifically targeting next-generation storage servers and GPU computing platforms. These solutions aim to significantly enhance AI data access speed and the company has collaborated with a number of leading companies, leveraging its technology to enhance GPU-based AI solutions.
In addition, Pliops' technology plays a pivotal role in accelerating the next generations of NVMe storage arrays and database applications. These two rapidly expanding markets benefit from Pliops' enhancements, all achieved without necessitating any infrastructure changes.
Located near Tel Aviv in the Israeli Silicon Valley, Pliops shareholders include AMD, Intel Capital, KDT, NVIDIA, SK Hynix, SBVA, and WD among others. After the proposed merger's completion, existing Pliops shareholders would become shareholders of Kalray.
Pliops has raised about $200 million since its inception in 2017 and employs approximately 120 employees in Israel, the U.S and China.
Kalray and Pliops have already been working to combine their respective technologies for several months. This transaction would allow Kalray to accelerate its roadmaps and add AI acceleration technology into its solution in full alignment with the current strategy. It would also allow Kalray to become the leader in built-for-storage chip data acceleration solutions. These solutions are designed to complement GPUs, optimising their use in environments where cost and energy consumption are significant concerns.
With this merger, Kalray said that it would be able to significantly accelerate its presence in the strategic and high-potential AI sector in data centres while continuing Kalray development solutions and strategic partnerships, such as the one it currently has with ARM.
