Take a Network Break! Softbank buys chip designer ARM Holdings for 24 billion pounds, the CrypTech project aims to develop an open source hardware security module, and ONOS launches a data center fabric design built from white box switches and open-source software.
Gartner predicts that the move to cloud will affect $1 trillion in IT spending; LinkedIn unveils Open19, a project that rethinks server and rack design; and EMC shareholders vote to go forward with the Dell merger.
In financial news, F5 Networks and VMware have positive quarters, and Mellanox touts over 30% revenue growth compared to 2015.
You can find links to all these stories, plus sponsor details, after the confection.

Sponsor: Nuage Networks
Let Nuage Networks make your datacenter network as responsive as your business needs to be. Find out how their Software Defined Networking solutions will transform your datacenter network so it can keep pace with your business. Visit nuagenetworks.net and join the cloud conversation on Twitter using @nuagenetworks.
Sponsor: ITProTV
Check out itpro.tv/networkbreak t o upgrade your brain with the most popular IT certifications. Premium subscriptions are normally $57 a month or $570 per year, but we have a special offer: Try it FREE for 7 days when you sign up using our code NETWORKBREAK30 t o check out their courses, livestream, and more. You ll also receive 30% off the lifetime of your account. That s less than $40 per month or $399 for the entire year!
Show Links:
ARM chip designer to be bought by Japan s Softbank – BBC
Why SoftBank wants ARM (And ARM needs SoftBank) – Stacey Higginbotham
The CrypTech Project
New Open-Source, SDN-Driven Leaf/Spine Fabric Debuts – Packet Pushers
Gartner Says by 2020 “Cloud Shift” Will Affect More Than $1 Trillion in IT Spending – Gartner
Open19 – LinkedIn
Project Altair–The Evolution of LinkedIn’s Data Center Network – LinkedIn
EMC Shareholders Voted to Approve the Multi-Billion Dollar Merger With Dell – Fortune
F5 Networks Announces Results for Third Quarter of Fiscal 2016 – F5 Networks
F5 CEO to Retire (Again) as New ADCs Emerge – SDX Central
VMware Reports Second Quarter 2016 Results – VMware
Quarterly Results – Mellanox Technologies