HP Enterprise Buys Supercomputing Leader Cray for $1.3 Billion
Hewlett Packard Enterprise spends $1.3 billion to acquire supercomputer manufacturer Cray, significantly expanding its presence in high-performance computing and government sectors.
Hewlett Packard Enterprise (HPE) spends $1.3 billion to acquire supercomputer manufacturer Cray. This major purchase allows the business-focused tech firm to instantly expand its footprint in academia and the federal government, where Cray holds significant contracts. Additionally, the deal enables HPE to start selling advanced supercomputer components directly to corporate clients.
Seattle-based Cray plays an essential role in the world of high-performance data processing. The company currently works alongside AMD on a US government-backed project to build the world's first exascale supercomputer at Oak Ridge National Laboratory. This groundbreaking system performs a quintillion calculations per second, pushing the boundaries of modern computational speed.
Cray's impressive portfolio includes three of the top ten most powerful supercomputers in the world. Just last year, Japan taps Cray to create the world's fastest supercomputer for advanced nuclear fusion research. By bringing this immense processing power under its umbrella, HPE positions itself as a dominant force in the future of high-performance computing.