diff --git a/opal/mca/hwloc/hwloc1113/README-ompi.txt b/opal/mca/hwloc/hwloc1113/README-ompi.txt
index 1de58d8983..6aea451342 100644
--- a/opal/mca/hwloc/hwloc1113/README-ompi.txt
+++ b/opal/mca/hwloc/hwloc1113/README-ompi.txt
@@ -2,3 +2,4 @@ Cherry-picked commits after 1.11.3:
 
 open-mpi/hwloc@9549fd59af04dca2e2340e17f0e685f8c552d818
 open-mpi/hwloc@0ab7af5e90fc2b58be30b2126cc2a73f9f7ecfe9
+open-mpi/hwloc@8b44fb1c812d01582887548c2fc28ee78255619
diff --git a/opal/mca/hwloc/hwloc1113/hwloc/config/hwloc.m4 b/opal/mca/hwloc/hwloc1113/hwloc/config/hwloc.m4
index 13eb7dd1cc..b6970f6c2e 100644
--- a/opal/mca/hwloc/hwloc1113/hwloc/config/hwloc.m4
+++ b/opal/mca/hwloc/hwloc1113/hwloc/config/hwloc.m4
@@ -9,7 +9,7 @@ dnl Copyright © 2004-2012 The Regents of the University of California.
 dnl                         All rights reserved.
 dnl Copyright © 2004-2008 High Performance Computing Center Stuttgart,
 dnl                         University of Stuttgart.  All rights reserved.
-dnl Copyright © 2006-2015 Cisco Systems, Inc.  All rights reserved.
+dnl Copyright © 2006-2016 Cisco Systems, Inc.  All rights reserved.
 dnl Copyright © 2012  Blue Brain Project, BBP/EPFL. All rights reserved.
 dnl Copyright © 2012       Oracle and/or its affiliates.  All rights reserved.
 dnl See COPYING in top-level directory.
@@ -671,8 +671,17 @@ EOF])
     AC_CHECK_HEADERS([sys/utsname.h])
     AC_CHECK_FUNCS([uname])
 
-    AC_CHECK_HEADERS([valgrind/valgrind.h])
-    AC_CHECK_DECLS([RUNNING_ON_VALGRIND],,[:],[[#include <valgrind/valgrind.h>]])
+    dnl Don't check for valgrind in embedded mode because this may conflict
+    dnl with the embedder projects also checking for it.
+    dnl We only use Valgrind to nicely disable the x86 backend with a warning,
+    dnl but we can live without it in embedded mode (it auto-disables itself
+    dnl because of invalid CPUID outputs).
+    dnl Non-embedded checks usually go to hwloc_internal.m4 but this one is
+    dnl is really for the core library.
+    AS_IF([test "$hwloc_mode" != "embedded"],
+        [AC_CHECK_HEADERS([valgrind/valgrind.h])
+         AC_CHECK_DECLS([RUNNING_ON_VALGRIND],,[:],[[#include <valgrind/valgrind.h>]])
+	])
 
     AC_CHECK_HEADERS([pthread_np.h])
     AC_CHECK_DECLS([pthread_setaffinity_np],,[:],[[