Here’s a collection of highlights, selected totally subjectively, from this week’s enterprise HPC news stream as reported at insideHPC.com.
Link and run
Executive shake up continues at Rackable
The Register is reporting that Rackable’s executive purge continues with the dismissal of Todd Ford, the company’s former Executive Vice President, effective last week .
According to the regulatory filing, Ford walks away with 12 months of continued salary ($350,000 US) and health insurance, and accelerated vesting for his stock options.
The change evidently wasn’t unexpected; from The Register:
“Over the last couple of months, Rackable had said that Ford would leave the company at the end of the year. It seems his departure was accelerated by new CEO Mark Barrenechea.”
The company’s share price has dropped from over $40 a year ago to around $12 at the end of May. You may recall that Rackable announced in April that it lost $10.2M US in Q1 triggered by a loss of business with Yahoo!, Microsoft, and Amazon to competitors IBM, HP, Sun, and Dell . Earlier this year Rackable also announced it’s own containerized computing solution to compete with Sun’s , and was the subject of acquisition rumors with Sun that haven’t panned out.
Altair adopts on demand multi-core licensing model
Altair Engineering (makers of PBS Pro, Hyperworks, and other tools) announced details this week of its new software model, claimed by the company to be