HP Enterprise buys Cray for US$1.3b

Hewlett-Packard Enterprise (HPE) is on the acquisition trail again with the purchase of supercomputing pioneer Cray for US$1.3 billion.Founded in 1972 as Cray Research, Seattle-headquartered Cray produces supercomputers, and systems for data storage and analytics.

“Answers to some of society’s most pressing challenges are buried in massive amounts of data. Only by processing and analysing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more,” said Antonio Neri, President and CEO of HPE.

“Cray is a global technology leader in supercomputing and shares our deep commitment to innovation. 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,” he added.

According to Peter Ungaro, President and CEO of Cray, his company and HPE share a commitment to customer-centric innovation and a vision to create the global leader for the future of high performance computing and AI.

“This is an amazing opportunity to bring together Cray’s leading-edge technology and HPE’s wide reach and deep product portfolio, providing customers of all sizes with integrated solutions and unique supercomputing technology to address the full spectrum of their data-intensive needs,” he said.

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