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HPE to acquire supercomputer maker Cray in $1.3bn deal

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HPE has announced that it will acquire Cray as it looks to lead the Exascale era of high performance computing.
Hewlett Packard Enterprise has announced that it will acquire supercomputer maker Cray for $35 per share in cash in a deal valued at approximately $1.3bn.
HPE’s President and CEO, Antonio Neri explained how the acquisition will help drive the next generation of high performance computing (HPC), saying:
“Answers to some of society’s most pressing challenges are buried in massive amounts of data. Only by processing and analyzing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more.

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