Friday, 15 January 2010

NTT Makes Strategic Investment in Tilera

Corporation, developer of the highest performance multicore processors, today announced that NTT Finance Corporation has made an investment in Tilera.

"We are thrilled to have NTT Finance as an investor," said Omid Tahernia, Tilera CEO. "NTT groups' leadership in telecommunications makes them an ideal business development partner as we grow our business in Japan and in a growing range of vertical markets.

"Tilera's revolutionary approach to multicore processors solves the problem of scaling to many cores while maintaining low power and programmability," said Masaaki Nogawa, President of NTT Finance Corporation. "This strategic technology delivers break-through levels of performance to cloud computing, wireless communications, networking and video applications."

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