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Itanium gets another $10bn funding

The Itanium high-end server processor project has squeezed out another $10bn (£5.9bn) from its main backers towards development and to encourage major software companies to produce programs for it.

The Itanium high-end server processor project has squeezed out another $10bn (£5.9bn) from its main backers towards...

development and to encourage major software companies to produce programs for it.

Most of the money, funnelled through the Itanium Solutions Alliance, has been put up by Itanium co-developers Intel and HP, with smaller amounts being handed over by Unisys, Silicon Graphics, NEC, Hitachi, Fujitsu, Fujitsu-Siemens and Groupe Bull.

The cash will be used over the next four years to back development until 2010.

Itanium, which has so far led to only a small number of commercial server products, is a high-end product aimed against the likes of IBM’s Power PC processor and Sun Microsystems’ Sparc range.

The dual-core Itanium processor, code-named Montecito, has been delayed until mid-2006, having orginally been expected last year.

Software companies Microsoft, Red Hat, Novell, and Oracle, among others, are also members of the Itanium Solutions Alliance.

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