Inspur

Inspur Group Co., Ltd.
Industry Information technology
Founded 2000 (2000)
Headquarters Jinan, Shandong, China
Key people
Sun Pishu (Chairman & CEO)
Products Computer hardware
Revenue 36.68 billion Yuan (2011)[1]
Subsidiaries Venezolana de Industria Tecnológica, C.A.
Website www.inspur.com

Inspur, formerly Langchao (浪潮, tides), is a Chinese multinational information technology company headquartered in Jinan, Shandong, China. The company's most important product is server hardware, but it also acts as a software developer and an outsourcing recipient for both the United States of America and Japan.

Inspur Group has three publicly listed subsidiaries: Inspur Information, Inspur Software and Inspur International.[1]

History

As recently as 2000, Inspur was a local company based in Shandong, with its business activities spanning North China. The company later moved its marketing center to Beijing, the IT industry hub of China, and expanded its operations to the national level.

In 2005, it was reported that Microsoft had invested 20 million US$ in the company.[2] On 18 April 2006, the company switched its name from "Langchao" to "Inspur" in hopes it would increase its sales from overseas markets by as much as thirty percent by 2010.

Inspur announced several agreements with virtualization software developer VMware on research and development of cloud computing technologies and related products.[3][4]

In August 2009, Inspur acquired the Xi'an-based research and development facilities of Qimonda AG for 30 million Chinese yuan (around US$4 million).[5][6] The centre had been responsible for design and development of Qimonda's DRAM products.[6]

In November 2011, Shandong Inspur Software Co., Ltd., Inspur Electronic Information Co., Ltd. and Inspur (Shandong) Electronic Information Company, established a cloud computing joint venture, with each holding a 33.3% .[7]

In July 2014, it was reported that due to security concerns, several Chinese industries would consider using Inspur's Tiansuo K1 as their preferred model of server

See also

References

  1. 1 2 "Inspur Group Profile Profile". Inspur Group. Archived from the original on 6 August 2012. Retrieved 29 August 2012.
  2. "Microsoft Invests Even More in China". SCI-Tech China Daily. 27 September 2005. Retrieved 16 January 2014.
  3. Tuo Yannan (23 May 2012). "Vmware joins with China's Inspur". China Daily. Retrieved 16 January 2014.
  4. "VMware and Inspur Announce OEM Agreement to Further Accelerate Adoption of Virtualization in China". Press release. VMware. 25 June 2008. Archived from the original on 18 January 2014. Retrieved 16 January 2014.
  5. "Inspur completes takeover of Qimonda's Chinese research center". EE Times. 19 August 2009. Retrieved 29 August 2012.
  6. 1 2 "Inspur Group struggles to compete with foreign technology powerhouses". Alibaba. 23 August 2009. Retrieved 29 August 2012.
  7. "Shandong Inspur Software Co., Ltd. to Set up JV". Reuters. 25 November 2011. Retrieved 29 August 2012.
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