Home United States USA — IT Hewlett Packard Enterprise to acquire supercomputer maker Cray for $1.3B

Hewlett Packard Enterprise to acquire supercomputer maker Cray for $1.3B

309
0
SHARE

Hewlett Packard Enterprise is concentrating more supercomputing power in its own hands, announcing Friday a plan to acquire Cray just weeks after the high-performance…
Hewlett Packard Enterprise is concentrating more supercomputing power in its own hands, announcing Friday a plan to acquire Cray just weeks after the high-performance computing specialist announced it’ll make what could become the fastest supercomputer ever.
HPE said it’s agreed to acquire Seattle-based Cray in an all-cash deal worth about $1.3 billion expected to close by January 2020. The acquisition of the high-performance computing company will expand HPE’s portfolio and help lower the cost of Cray’s technology such as Slingshot, a high-speed network linking computing nodes into one big supercomputer, the company said.
“Cray is a global technology leader in supercomputing and shares our deep commitment to innovation,” HPE President and CEO Antonio Neri said in a statement. “By combining our world-class teams and technology, we will have the opportunity to drive the next generation of high-performance computing and play an important part in advancing the way people live and work.

Continue reading...