Google Buys Multicore Optimizer PeakStream

Jun. 6.07 | About: Alphabet Inc. (GOOG)

Google has acquired software start-up PeakStream, whose software unlocks the power of multicore processors in order to maximize time-on-task and power efficiency. Financial terms were not disclosed. Google, which runs thousands of servers, stands to benefit from incremental gains to the time/energy its network expends to analyze search queries and serve up their responses. PeakStream's website is now shut down; a cached version says the company offers "the first commercially available software application platform that makes it easy to program new high performance, multi-core and parallel processors, and convert them into radically powerful computing engines for computationally intense applications." The company was inspired by Stanford's Brook Project on stream programming; its development team derives from Sun Microsystems, NVIDIA, VMware and and Network Appliance. The two-year-old company received $17 million in funding from Kleiner Perkins Caufield & Byers, Sequoia Google Inc 06 06 2007 ChartCapital and Foundation Capital; Kleiner Perkins and Sequoia were the original backers of Google. The acquisition was first reported on The Register. Foundation Capital partner Adam Grosser: "We believe that PeakStream will change the way processors are programmed. PeakStream has the management team, the technology expertise and market position to solve the classic challenges of parallel programming."

Sources: The Register, CNET News. com, Reuters, PeakStream funding release
Commentary: Google: Once a WeekGoogle buys PeakStream Inc. [ars technica] • Google Gets Superfast [Red Herring]
Stocks/ETFs to watch: Google Inc. (NASDAQ:GOOG). Competitors: Yahoo! Inc. (NASDAQ:YHOO), Microsoft Corp. (NASDAQ:MSFT), IAC/InterActiveCorp (IACI)
Conference call transcript: Google Q1 2007

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