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HP, Foxconn Ink Server JV

HP and Foxconn have inked a joint venture agreement to create a line of cloud-optimized servers specifically targeting service providers. The line will complement HP’s existing ProLiant server portfolio, including Moonshot. Under the terms of the agreement, the two companies are forming a non-equity joint venture, in the form of a strategic commercial agreement.

[Image courtesy: HP]

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Infinant raises $15M

Charlotte, NC-based Infinant, a bank platform provider, has raised $15 million in a Series A funding round.