SourceCode Acquires Boston Limited, Adds Ungaro and Andreolli to Board

NORWOOD, Mass., June 26, 2023 — SourceCode, an IT systems company for AI infrastructure, announced it has agreed to acquire UK-EU-based Boston Limited, a provider of high-performance server and storage solutions. SourceCode is a portfolio company of Cerberus Capital Management, L.P. (“Cerberus”). The transaction is expected to close on June 30, 2023. SourceCode said that with […]

Ungaro Departs: New HPC Leadership at HPE and Dell as Companies Vie for Server Top Spot

HPE and Dell, engaged in a neck-and-neck struggle for superiority in HPC servers, also are engaged in a reshuffling of their HPC leadership teams that may reflect similar visions of HPC’s evolving position across IT. Last week, we reported on Dell’s newly installed HPC management group following the departure in early February of Thierry Pellegrino, […]