It boasts of a GCN Architecture and TrueAudio technology which takes your gameplay on a mind blowing level. It delivers the most realistic visuals and sound that you can ever ask for. The AMD Radeon R9 290X is also the fastest among AMD’s 200 series graphic cards.

The R9 290X features the following specs:

• 2,816 stream processing units
• Up to 1 GHz engine clock
• 4GB GDDR5 memory
• Up to 5.0Gbps memory clock speed
• 320GB/s memory bandwidth (maximum)
• 5.6 TFLOPS Single Precision compute power
• API support for DirectX® 11.2, OpenGL 4.3 and Mantle

It has also garnered mix reviews from the following tech sites:

Anandtech:

“The 290X is not only the fastest card in AMD’s 200 series lineup, but the 290 series in particular also contains the only new GPU in AMD’s latest generation of video cards. Dubbed Hawaii, with the 290 series AMD is looking to have their second wind between manufacturing node launches. By taking what they learned from Tahiti and building a refined GPU against a much more mature 28nm process – something that also opens the door to a less conservative design – AMD has been able to build a bigger, better Tahiti that continues down the path laid out by their Graphics Core Next architecture while bringing some new features to the family.”

Tom’s Hardware:

“After eight months of watching Nvidia go uncontested in the ultra-high-end graphics market, AMD has a new GPU based on existing technology that promises to challenge the top position. It gets mighty loud at times, but you can’t ignore the R9 290X’s price.”

“And now AMD is billing its new Radeon R9 290X as a ready-for-4K solution. Them’s fighting words, particularly with Ultra HD targeted as the next frontier in PC gaming. The technology is still very expensive, and it’s far from refined. But I challenge you to enjoy your favorite title on a 32”, 8.3-million-pixel screen, and then hand it back willingly. Expect 4K to be the battleground on which AMD and Nvidia drop their high-end GPUs moving forward.”

Bit-tech:

“The most important thing to say about the new Radeon R9 290X 4GB is that on the price performance scale it’s a clear winner against Nvidia’s GTX 780 3GB, at the time of writing. It undercuts it by at least £50 in the UK and $100 stateside, yet outperforms it almost universally. In doing so, it makes GTX Titan look even worse value than the GTX 780 3GB already does.”

“Compared with other AMD cards, it’s value isn’t quite as good, however. For example, while its performance is a huge jump over the R9 280X 3GB (up to 40 percent in some tests), it’s also double the price of it. Sadly, diminishing returns are to be expected with the highest end cards. We’ve also seen some very good deals on the HD 7990 6GB recently as well, although whether or not a dual GPU card is for you is another story. These cards also lack the TrueAudio DSP that the R9 290 series features, although this is mostly an unproven technology for now.”

“The card is a decent enough overclocker, although the Overdrive interface certainly needs some work. That said, it shouldn’t be long before better third party overclocking utilities fully support the card’s new approach to overclocking.”

TechPowerUp:

“The Radeon R9 290X is an important product for AMD because it’s the first truly new high-end graphics chip from the company in a very long time (21 months). AMD’s other late 2013 graphics card launches, led by the Radeon R9 280X, are merely rebrands of the company’s close to two-year old HD 7000 series, with price adjustments and repositioning within the product-stack. We must point out that NVIDIA didn’t handle its lineup any differently. Barring the GTX TITAN and its cut-down GTX 780, the rest of the GTX 700 lineup is largely derived from the previous generation GTX 600 series. Under the Radeon R9 290X’s skin is the swanky new 6.2 billion-transistor “Hawaii” silicon. Built on the existing 28 nanometer silicon fabrication process, it has solid credentials on paper, looking NVIDIA’s GTX TITAN and the GK110 silicon it’s based on right in the eye.”

Guru 3D:

“With the release of the Radeon R9 290X series AMD brings an incredibly fast product to the market. It rocks all performance scores in pretty much any game to date. Having that much raw unadulterated horsepower under the hood will bring options to the table. You play your games at 2560×1440 and flick on every quality setting that you can think of. Even then the cards will do a terrific job. For the few of you that already made the step towards UHD or 4K gaming at 3840 x 2160 that where these card do make sense. Admittedly just one 290X would probably be borderline acceptable when you select the finest image quality settings. So I foresee that the Ultra High Definition games simply will go for two R9-290X cards setup in Crossfire, which would be my recommendation. The product is often as fast or faster then a GeForce GTX Titan, whilst it is going to be priced a good chunk below the GeForce GTX 780. So that in retrospect means (even at this price level) performance for money. Honestly I am really excited to see prices below 499 EUR (incl VAT for this little powerhouse of a graphics card. But let’s bullet some stuff up and walk through the several segments and experiences from the review.”

The AMD Radeon R9 290X is now available in the market for $549.

HGST makes use of a “hermetic seal technology” which makes it impossible for helium to leak through the HDD’s seals. According to HGST helium “”dramatically reduces the turbulence caused by the spinning disk, cuts power consumption and results in a lower temperature within the disk drive.”

HGST’s product marketing VP, Brendan Collins, talks about this revolutionary HDD:

“With ever-increasing pressures on corporate and cloud data centers to improve storage efficiencies and reduce costs, HGST is at the forefront delivering a revolutionary new solution that significantly improves data center TCO on virtually every level – capacity, power, cooling and storage density – all in the same 3.5-inch form factor. Not only is our new Ultrastar helium hard drive helping customers solve data center challenges today, our mainstream helium platform will serve as the future building block for new products and technologies moving forward. This is a huge feat, and we are gratified by the support of our customers in the development of this platform,”

The Ultrastar He6 comes with a 5-year warranty. There is no word on how much each He6 HDD costs.

Their spokesperson has confirmed than an unnamed driver issue has plagued their latest graphics boards and caused the delay. AMD was said to have done a retest on the boards using a new driver that will boost its performance.

The company has not revealed the price of the R9 290.

PR: COMMODORE USA RELEASES FIRST NEW COMMODORE AMIGA IN 20 YEARS, FINALLY REUNITING TWO ICONIC COMPUTER BRANDS.

FORT LAUDERDALE, FL. March 21, 2012 – Commodore USA, LLC announced today the historic re-unification of the legendary Commodore and AMIGA brands with the launch of the new Commodore AMIGA mini, as well as other new models such as the new C64x Supreme, the new VIC mini and a more powerful VIC-Slim keyboard computer (now with HDMI output). These new products are now in production and available for purchase at www.CommodoreUSA.net.

The new Commodore AMIGA mini is a trail blazing power-house featuring Intel’s i7-2700k 3.5 Ghz Quad-Core (3.9Ghz Turboboost) processor, 16Gb RAM DDR3 1333MHz and an NVIDIA® GeForce® GT 430 GPU with 1GB DDR3. This machine is fully loaded with a 1 TB SATA drive (optional 300 GB or 600 GB SSD), two WiFi antennae and bluetooth. The new Commodore AMIGA mini case is ultra small and features a solid, all aluminum seamless housing, micro-sandblasted with an anodic oxidation finish. It also includes a slot load Blu-Ray drive and internal space for two 2.5″ hard drives. It measures 7.5 inches square with a height of only 3 inches. The AMIGA mini’s appearance is enhanced with the inclusion of the classic embedded AMIGA logo engraved in the front.

The C64x, highly regarded by Commodore fans for its retro styling, now features Intel’s new D2700 dual core 2.13 Ghz CPU and nVidia GeForce GT 520 (512Mb) graphics for enhanced gaming capability over previous models. It also features 4Gb Memory (DDR3 1066), a 1 or 3 GB SATA drive (300 or 600 Gb SSD optional), a mechanical keyboard, a built in multi-card reader, WiFI, Bluetooth, VGA, DVI and HDMI output, 7.1 channel high definition sound, 2 USB 3.0 and 4 USB 2.0 ports for exceptional external data access, a slot loading Blu-ray drive that can also write DVDs and 2 WiFi antennae for outstanding signal reception.

The VIC mini has specifications identical to the C64x Supreme, wrapped in the elegant aluminum enclosure of the AMIGA mini.

The VIC-Slim is an upgraded unit replacing the previous 1.8 Ghz dual core Atom with the new Intel 2.13Ghz Dual Core D2700 processor and includes 2Gb RAM (DDR3 1066MHz), a 1Tb SATA Hard Disk Drive and HDMI output.

Mr. Barry Altman, CEO, states “This is an historic day. The team here has been working around the clock to fulfill the vision of a reunited Commodore and AMIGA branded computer with the launch of our new Commodore AMIGA mini.”

Mr. Leo Nigro, CTO, states “We built Commodore USA to take advantage of the rapid rate of technological change in the computer hardware market. The introduction of Intel’s new Atom processor for compact devices such as the C64x Supreme, VIC-Slim and VIC mini proves that Commodore USA is setting the pace for the computer industry. The Commodore AMIGA mini with its 16 GB of RAM, powerful i7-2700k 3.5 Ghz Quad-Core processor and built-in nVidia graphics chipset is truly worthy of the AMIGA name. Also, with the inclusion of Commodore OS Vision, our own Linux distribution showcasing our product’s advanced hardware features, we can also provide a unique and compelling experience for customers seeking an alternative to Apple and Microsoft products. First and foremost I’m a Commodore and AMIGA fan, and like millions of other fans around the world, I am excited by the return of the famous Commodore and AMIGA brands we grew up with and loved.”

Barry Altman adds, “Leo and I and the entire team, started on this journey to prove that we could take these historic computer brands and produce products that are relevant to both the historical consumer base and new customers. These computers are breathtaking in appearance, incredibly powerful and exciting to use.”

IRVINE, Calif. – Mar. 20, 2012 – Western Digital® (NYSE: WDC) today announced the next generation of its top-selling My Passport® line of portable hard drives, offering consumers a fresh new enclosure design and the first-ever 2 TB capacity in a portable drive. Now available in five popular colors: white, black, silver, blue, and red, with a range of capacities beginning from 500 GB, the new sleeker My Passport portable drives offer digital consumers an appealing array of storage options that reflect their personal style. Additionally, the new My Passport drives offer

WD SmartWareâ„¢ automatic backup software and WD Securityâ„¢ for password protection and hardware encryption.
With the addition of premium finishes, specially-engineered to make the outer shell more resistant to scratches and fingerprints, the new My Passport external drives feature ultra-fast USB 3.0 connectivity; USB 2.0 compatibility; continuous, automatic backup software; and password protection with hardware encryption. The included software offers the flexibility to customize the drive to a user’s storage preferences: installing all features, just the components needed, or using the drive without the software. The new 2 TB model offers massive capacity in an amazing pocket-sized enclosure, affording plenty of secure storage for all of one’s photos, video, music and other important files.

Given the small form factor and easy portability of My Passport drives, the built-in security features of password protection and hardware encryption help protect files from unauthorized use, making the drives safe data repositories for data while offering peace of mind to busy consumers on the go.
“More than money, jewelry and other valuables, the item most missed if ever lost or stolen is one’s computer – and everything on it – so our goal in launching the next-generation of the popular My Passport drives is to encourage more consumers to protect their data before something happens,” said Jim Welsh, executive vice president and general manager of WD’s branded products and consumer electronics groups. “The new My Passport makes backing up and preserving one’s digital life easier, reliable and more secure than ever – it’s the perfect blend of monstrous capacity, reliability and user-friendly technology in a sleek form factor, now in five colors.”

Pricing and Availability
My Passport drives come with a 2-year limited warranty are available online at the WD store at www.wdstore.com and at select retailers and distributors. MSRP is $129.99 USD for 500 GB, $149.99 USD for 750 GB, $179.99 USD for 1 TB, $199.99 for 1.5 TB and $249.99 USD for the new 2 TB edition

AMD Launches New Platform for Dedicated Web Hosting Providers

New AMD Opteronâ„¢ 3200 Series Processor Family Changes Industry Economics for Single-Socket, Dedicated Hosting and Cloud customers

SUNNYVALE, Calif. -3/20/2012

AMD (NYSE: AMD) today announced the latest solution as part of its ongoing Web/Cloud initiative with the launch of the new AMD Opteronâ„¢ 3200 Series processor. Dedicated Web hosting customers seeking enterprise-class reliability have a new choice that delivers:
• Great value with up to 38% better price performance1 and up to 19% less power per core2 than the competition;
• ECC memory and server reliability features at a low price-point;
• Fast hardware payback – In as few as 7 months hosting fees can cover hardware costs – up to 14% quicker than with the competition3;
• Efficient economics for the Cloud with twice the core density per rack4.

“In today’s economic environment, dedicated hosting providers need their data centers to become profit centers faster than ever,” said Patrick Patla, corporate vice president and general manager, Commercial Business, AMD. “With the new AMD Opteronâ„¢ 3000 Series platform, Web and Cloud customers no longer have to compromise with desktop-class platforms in order to hit certain price points. Now they have all the benefits of a true server-class product at desktop-class price points. This helps rapidly-growing hosting customers achieve fast payback in their incredibly dense, power-efficient environments.”

Since the launch of its new core server architecture, and AMD Opteron 4200 and 6200 Series processors last November, AMD unveiled a disruptive server strategy and intentions to leverage its leading graphics IP while driving down the power in future SoC offerings. As part of accelerating this, AMD recently announced it had entered into a definitive agreement to acquire Cloud pioneer SeaMicro.

Today AMD has delivered on its promise of a low-power, single-socket solution that brings server functionality with desktop economics. The AMD Opteron 3000 Series platform is targeted to the dense, power efficient 1P Web hosting/Web server market. Available in either 4- or 8-core CPUs, the AMD Opteron 3200 Series processor is shipping today in platforms from MSI, Tyan, Fujitsu and Dell. Based on the “Bulldozer” core, the AMD Opteron 3000 Series platform leverages Socket AM3+ and provides customers with the cost savings associated with a “desktop-like” infrastructure, yet still offers server-class reliability, enterprise-class silicon validation/testing, security features and server OS certification.

“AMD is a great partner, and we’re excited about the new AMD Opteron 3200 Series CPU. It allows us to create a custom design for our DCS customers, and deliver a compelling combination of performance and energy efficiency, ” says Dell Data Center Solutions’ Steve Cumings. “As the leader in the Density-Optimized market segment, we require focused partner technology within industry standards – and this is a good fit for our customers.”

Key Facts, Performance and Technical Detail

• 45W to 65W TDP
• 2.7 GHz base frequency, up to 3.7 GHz frequency using AMD Turbo CORE technology5
• 4- and 8-core options
• 2 DDR3 memory channels supporting ECC UDIMM
• 1333, 1600, 1866 MHz memory speed6
• Supports 1.5V, 2Rank
• Up to 32GB memory capacity
• Supports up to 2 DIMMs per memory channel
• Total Cache: 16MB for 8-core, 8MB for 4-core
• L2 Cache: up to 8MB total
• L3 Cache: up to 8MB total

This is fascinating considering the benchmark wars that raged between Nvidia and AMD for so numerous years in the graphics card business. Both sides of that war have a history of handpicking benchmarks to manufacture their video cards see better than the competition. I presume some of that is going on here with Apple as well.

Nvidia’s Ken Brown is calling for Apple to offer up data to back up their claims of four times the performance. I seriously doubt Apple ever offer that kind of detail. However, with the hornet’s nest kicked, we will right on be running some comparative benchmarks when we acquaint our own narrate of the unused iPad.

Ken Brown, a spokesman for Nvidia, said that it was “certainly flattering” to be called out by Apple, but the performance claims are sketchy without more data. “We don’t have the benchmark information,” said Brown. “We have to understand what the application was that was used. Was it one or a variety of applications? What drivers were used? There are so many issues to get into with benchmark.”

Of course, delegating all of your text chatter to your smartphone means you’ll be tapping up your responses on its itty-bitty touchscreen keyboard — at least until ROCCAT finishes its friend keyboard, Project Phobo. The modular PC keyboard not only provides a dock for your Power-Grid equipped mobile, but also lets you rejoinder to texts, chats and tweets using its comprehensive array of keys. Pairing your phone with the Phobo will even route declare calls to your PC’s gaming headset, leaving you free to continue to rack up kills without lacking principal business calls. The German peripheral outfit will be rolling out the beta to iOS devices after CeBIT, and says an Android version is scheduled for free at Gamescom 2012. Hit the break for the official press free and a see at the Phobo keyboard.

A First for PC Gaming: Command Using a Smartphone with ROCCAT Power-Grid

Exclusive technology represents a breakthrough in PC gaming control, makes expensive touch-display gaming devices obsolete, works with every PC, and is free to get started

Hamburg, 6 March 2012 – German gaming peripherals manufacturer, ROCCAT Studios, has introduced a groundbreaking technology called the ROCCAT™ Power-Grid that – for the first time in the history of PC gaming – lets players control their games and computer with their smartphone. And, in what is surely music to the ears of many players, the Power-Grid is completely free to get started.

Gaming evolved

“Some gaming companies claim PC gaming is sick and needs help,” says René Korte, ROCCAT Founder and CEO. “We at ROCCAT have never thought that. We know PC gaming is alive and well. It just needs to keep evolving. Power-Grid represents that natural evolution. Why? Because it makes possible the dream of millions of gamers: to stay fully absorbed in the game no matter what happens in the real world. It works with every PC, makes expensive touch-display gaming devices obsolete, and is completely free to get started. Is PC gaming sick? Hardly. Is it dead? Of course not. It’s evolving and getting a hell of a lot better.”
Connect, monitor and control – all from a smartphone

The free-to-download Power-Grid is a tool that lets gamers connect, monitor and control their game and PC in real time while staying completely absorbed in the action. The app comes standard with four control displays – or “grids”. Three grids have been preloaded with a wide range of essential gaming tools – and the fourth is completely customizable.

The first of Power-Grid’s three pre-installed control grids is called the “Incoming Center”. It routes all outside voice and text communication – from Skypeâ„¢, Facebook®, TeamSpeak, Twitter, etc. – to an at-a-glance display on the gamer’s smartphone. This means players can get messages from friends and teammates while staying in the game.

The “Stats Control” grid also comes preloaded with Power-Grid, letting gamers quickly and easily monitor their computer’s vital data via their smartphone – info such as CPU status, hard drive space and network traffic.
The third preloaded display is the “Sound Control” grid, which allows gamers to set and fine tune every aspect of their gaming audio using just their smartphone. Gamers can even change audio settings in, for example, Skypeâ„¢, with in-game music, or with their media player together or independently – for custom-tailored audio control made simple.

Create, build and share

In addition to the free Power-Grid app, gamers will need to download the free ROCCAT Power-Grid Launcher from www.roccat.org. This program not only connects smartphone and PC, it also features a powerful editor that lets players create their own custom control icons, or “blocks” – like individually-designed macro buttons from their favorite games, or specialty buttons like a pizza timer – for the ultimate in command customization.
Plus, users can easily share their self-styled blocks and grids with teammates, colleagues and friends.

Combine

At the end of the year gamers will be able to connect their Power-Grid-loaded smartphone to ROCCAT Smart Gear – new gaming hardware that delivers the ultimate smart gaming experience.
First on the horizon is Project Phobo – the “Phone Board”. The Phobo is not only one of the world’s most advanced gaming keyboards, it’s also the perfect home for a smartphone using Power-Grid. And once gamers have connected their Power-Grid-enabled smartphone to the Phobo, they’ll never need to separate the two. That’s because players can write any kind of text message using the Phobo’s keyboard – via Facebook®, Skypeâ„¢, TeamSpeak, you name it – and because the Phobo also lets gamers take voice calls with a connected headset. And while connected, the Phobo will naturally charge a user’s smartphone in case they do need to unplug it.

And following in the footsteps of the world famous ROCCAT Apuri Active USB Hub with Mouse Bungee, ROCCAT plans on introducing the Apuri 2.0 – a ROCCAT Smart Gear gaming assistant that acts as a stylish stand for a gamer’s Power-Grid-enabled smartphone – and is the perfect way to keep it charged for when a player needs to step away from the game.

When will it be available?

Select attendees will be able to see the Power-Grid in action for the first time at CeBIT 2012. And everyone can apply to be a beta tester at power-grid.roccat.org.
Initial versions of Power-Grid work with all Apple iPhones using the latest version of iOS, as well as with the iPod touch. In addition to a compatible smartphone, Power-Grid requires a PC with Wi-Fi capability. ROCCAT will launch Power-Grid for Android smartphones at gamescom 2012.

Intel and Micron have long partnered on NAND flash production, under the joint company Intel Micron Flash Technologies (IMFT.) Previously, the companies had enjoyed a half-and-half split, but the announcement of Intel’s withdrawal from manufacturing leaves Micron holding a far bigger slice of the pie.

Under the terms of the revised agreement, Intel is to peddle its shares in twain wafer factories to Micron for $600 million. Half of that will be provided to Intel in the compose of bloodless tough cash, while the remaining $300 million is to be left in Micron’s hands as an proceed deposit on Intel’s future NAND flash purchases.

It’s clear to see where Intel is going here: it’s looking to decrease its exposure in the NAND flash market while still ensuring it has an adequate supply of cutting-edge chips for its undertaking and consumer grade solid-state hobble (SSD) products.

Micron, meanwhile, gets a near-guarantee of $300 million of future commerce as well as sole control of the Intel Micron Flash Singapore and Intel Micron Flash Technologies US assets. The jointly-owned manufacturing plant in Utah, meanwhile, will remain as-is with minimal changes to its ongoing production of 20nm-based NAND flash products.

‘Micron’s joint venture NAND development efforts with Intel are a mannequin of innovation, productivity and effectiveness,’ claimed Micron’s chief executive Mark Durcan. ‘With IM Flash and its associated programs, our companies have become leaders in the NAND flash arena. These modern agreements construct on that success.’

‘The Intel-Micron partnership has created industry-leading NAND flash memory technology and developed a robust global manufacturing network. The modern NAND flash supply accord with Micron gives Intel better flexibility to meet growing beseech for SSDs and other products,’ claimed Robert Crooke, general manager of the Non-Volatile Memory Solutions Group at Intel.

AMD to Acquire SeaMicro: Accelerates Disruptive Server Strategy

SeaMicro Low-Power, High-Bandwidth Microserver Solutions Set the Stage for AMD’s Disruptive Approach To Lead Fast-Growing Cloud Data Center Market

SUNNYVALE, Calif. -2/29/2012
AMD (NYSE: AMD) today announced it has signed a definitive agreement to acquire SeaMicro, a pioneer in energy-efficient, high-bandwidth microservers, for approximately $334 million, of which approximately $281 million will be paid in cash. Through the acquisition of SeaMicro, AMD will be accelerating its strategy to deliver disruptive server technology to its OEM customers serving cloud-centric data centers. With SeaMicro’s fabric technology and system-level design capabilities, AMD will be uniquely positioned to offer industry-leading server building blocks tuned for the fastest-growing workloads such as dynamic web content, social networking, search and video.

AMD’s server technology combined with SeaMicro technology provides customers with a range of processor choices and platforms that can help significantly reduce data center complexity, cost and energy consumption while improving performance. AMD plans to offer the first AMD Opteronâ„¢ processor-based solutions that combine AMD and SeaMicro technology in the second half of 2012. The company remains firmly committed to its traditional server business, and will continue to focus and invest in this area.

“By acquiring SeaMicro, we are accelerating AMD’s transformation into an agile, disruptive innovator capable of staking a data center leadership position,” said Rory Read, president and CEO, AMD. “SeaMicro is a pioneer in low-power server technology. The unmatched combination of AMD’s processing capabilities, SeaMicro’s system and fabric technology, and our ambidextrous technology approach uniquely positions AMD with a compelling, differentiated position to attack the fastest growing segment of the server market.”

SeaMicro technologies offer substantial advantages in large data center and cloud environments. Cloud data centers are projected to be the fastest growing segment of the server market through 2015, according to IDC1.

Current systems featuring SeaMicro technology typically use one quarter the power and take one sixth the space of traditional servers with the same compute performance, yet deliver up to 12 times the bandwidth per core2.

Foremost among SeaMicro’s innovations is their supercompute fabric, which connects thousands of processor cores, memory, storage and input/output traffic. SeaMicro’s fabric supports multiple processor instruction sets. SeaMicro solutions are currently deployed in multiple sites across the world. AMD will continue to support all current SeaMicro customers while accelerating plans to deliver new platforms that combine AMD and SeaMicro technology and enable AMD’s OEM partners to bring differentiated solutions to market.

“Cloud computing has brought a sea change to the data center–dramatically altering the economics of compute by changing the workload and optimal characteristics of a server,” said Andrew Feldman, SeaMicro CEO, who will become general manager of AMD’s newly created Data Center Server Solutions business. “SeaMicro was founded to dramatically reduce the power consumed by servers, while increasing compute density and bandwidth. By becoming a part of AMD, we will have access to new markets, resources, technology, and scale that will provide us with the opportunity to work tightly with our OEM partners as we fundamentally change the server market.”

The acquisition does not change AMD’s 2012 financial guidance and the transaction is expected to be accretive to earnings after 2012. AMD will fund the cash portion of the acquisition with existing cash reserves.