Breaking News

Samsung Introduces Galaxy Tab S12 Series PlayStation Plus Monthly Games for October 2026 Logitech announces Zone Vibe Pro Headset Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

HP Enterprise to Buy Supercomputer Company Cray: report

HP Enterprise to Buy Supercomputer Company Cray: report

Enterprise & IT May 17,2019 0

Hewlett Packard Enterprise Co. is reportedly in advanced talks to acquire U.S. supercomputer maker Cray Inc.

A deal could be announced as soon as this week, Blomberg reports, citing people familiar with the matter.

Cray has market capitalization of about $1.2 billion.

Buying Cray would help HP Enterprise strengthen its position in high-end computer systems against IBM, and a possible purchase could become HP Enterprise’s biggest since it started trading in 2015.

HP Enterprise declined to comment.

Earlier this month, Cray signed a deal with the U.S. Department of Energy’s Oak Ridge National Laboratory to build a new $600 million system for research on artificial intelligence.

HP Enterprise has also won a $57 million contract to provide supercomputers to the U.S. Department of Defense for helicopter design and weather forecasting.

Tags: HPECray
Previous Post
Italian Antitrust Authority Opens Proceeding into Google for Abuse of Dominant Position
Next Post
Nvidia Reports Better than Expected Second-quarter Revenue

Related Posts

  • Server Market Posts a Record First Quarter on Strong Cloud-service Demand

  • HPE Releases Firmware Upgrade for SAS Solid State Drive Models to Prevent Drive Failure at 40,000 Hours

  • Next-Generation AMD EPYC CPUs and Radeon Instinct GPUs Enable El Capitan Supercomputer to Break 2 Exaflops Barrier

  • HPE Unveils the GreenLake Central Software As-a-Service Platform

  • HPE and Cray Unveil HPC and AI Solutions

  • Fujitsu Launches New PRIMEHPC Supercomputers, Partners With CRAY to Bring HBM2 Arm Processor to the Market

  • HPE Plans to Offer everything as a Service by 2022

  • HPE to Acquire Supercomputing Leader Cray for $1.30 Billion

Latest News

Samsung Introduces Galaxy Tab S12 Series
Consumer Electronics

Samsung Introduces Galaxy Tab S12 Series

PlayStation Plus Monthly Games for October 2026
Gaming

PlayStation Plus Monthly Games for October 2026

Logitech announces Zone Vibe Pro Headset
Consumer Electronics

Logitech announces Zone Vibe Pro Headset

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds
PC components

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days
Enterprise & IT

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed