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HPE buys supercomputer company Cray for $1.3 billion

The News Articles Saturday, 18 May 2019
After a brief swirl of rumors early Friday morning, Hewlett Packard Endeavor (HPE) showed that it plans to obtain US supercomputer maker Cray for roughly $1.three billion. On the core of the deal is Cray’s high-performance computing (HPC) era, which HPE desires to supply as a long term HPC-as-a-Provider platform. The firms additionally plan to …
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News video: Hewlett Packard Enterprise To Purchase Cray in $1.30 Billion Deal

Hewlett Packard Enterprise To Purchase Cray in $1.30 Billion Deal 00:32

Reuters reports that Hewlett Packard Enterprise Co will purchase supercomputer manufacturer Cray Inc. The deal was announced on Friday by Cray and is valued at approximately $1.30 billion, net of cash. The purchase is expected to close by the first quarter of HPE’s fiscal year 2020. Hewlett Packard...

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Hewlett Packard enterprise to purchase Cray in $1.30 billion deal [Video]Hewlett Packard enterprise to purchase Cray in $1.30 billion deal

Reuters reports that Hewlett Packard Enterprise Co will purchase supercomputer manufacturer Cray Inc. The deal was announced on Friday by Cray and is valued at approximately $1.30 billion, net of cash...

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