By Steve Ragan Jun 6, 2007, 16:40 GMT
Google has bought start-up PeakStream, a company that sells tools designed for writing software that takes advantage of multicore processors, along with gaming and graphics chips. The deal was first announced by The Register, and later this morning confirmed by The Wall Street Journal. No financial terms were disclosed to the media.
PeakStream was founded in January 2005, by Matt Papakipos, Asher Waldfogel and Stanford University Professor, Pat Hanrahan. The company received its initial round of funding in May 2005, from Kleiner Perkins Caufield & Byers and Sequoia Capital. ($17 million) They are headquartered in Redwood Shores, California. According to the PeakStream site, they address the Oil and Gas markets as well as financial services, life sciences defense and research. The PeakStream website is offline, likely because of Google.
“We believe the PeakStream team's broad technical expertise can help build products and features that will benefit our users,” Google said to the Register. “We look forward to providing them with additional resources as they continue developing high performance applications for modern multi-core systems.”
Likely, Google plans to use the company and its resources to better in-house development for its servers and datacenter development. Until Google gives official comment on the purchase exactly what the plan to do with PeakStream is speculation. The popular theory is that Google wants access to computing power. The power savings and the power of GPGPU creating an expansive capacity are bound to appeal to the search behemoth.
The Register also sheds some light on the subject. “Of course, Google does have a history of making 'out there' purchases which later appear consumer-savvy, so don't rule out a consumer product that requires the technology in some form, either. It previously bought SketchUp, a CAD company, to universal 'huh?'s - only shortly after to reveal Google Earth, which makes fine use of the technology.”
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shark12erJun 7th, 2007 - 03:39:08
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