Hewlett-Packard and Taiwanese electronics manufacturer Foxconn announced a joint venture to build a line of low-cost, “cloud-optimized” servers aimed at service providers.
The two companies aim to carve out a piece of the market encompassing service providers that are rushing to expand their cloud architecture implementations as well as businesses pursuing the in the hosting-as-a-service models.
The non-equity joint venture is in the form of a strategic commercial agreement. It took effect May 1. Pricing details on the products will be announced later.
The partnership will bring together Foxconn’s supply chain expertise and HP server technology, the companies said. Foxconn is a multinational electronics contract manufacturer best known for turning out products including BlackBerry handsets, Apple’s iPhone, iPad and iPod as well as Kindle tablets, Xbox, Playstation and Wii game consoles.
