Acce­le­wa­re to pro­vi­de human capi­tal and con­sul­ting ser­vices to sup­port the deve­lo­p­ment of a new cen­ter of machi­ne lear­ning soft­ware excel­lence in Calgary

CALGARY, Oct. 22, 2018 /CNW/ — Acce­le­wa­re Ltd. (TSX‑V: AXE) (“Acce­le­wa­re” or the “Com­pa­ny”) is plea­sed to announ­ce it has signed an agree­ment (the “Agree­ment”) with a Cana­di­an affi­lia­te of Advan­ced Micro Devices, Inc. (NASDAQ: AMD) (“AMD”). Over the next four months, Acce­le­wa­re will recei­ve cash com­pen­sa­ti­on of US$2.51 mil­li­on from AMD in exch­an­ge for cus­tom soft­ware engi­nee­ring resour­ces and con­sul­ting ser­vices.  Acce­le­wa­re has amas­sed exten­si­ve par­al­lel com­pu­ting soft­ware deve­lo­p­ment exper­ti­se and GPU acce­le­ra­ted HPC appli­ca­ti­ons know­ledge as a result of its num­e­rous soft­ware pro­ducts and the pro­vi­si­on of cus­tom soft­ware deve­lo­p­ment ser­vices to the oil and gas indus­try.  As part of the Agree­ment, the Company’s cus­tom soft­ware deve­lo­p­ment team will tran­si­ti­on to a new AMD site in Cal­ga­ry, expan­ding AMD’s exis­ting foot­print in Cana­da. Acce­le­wa­re will also pro­vi­de con­sul­ting ser­vices to AMD. (…) Wei­ter­le­sen »