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Stock impact report

Hewlett Packard Enterprise acquires supercomputer maker Cray in the race to ‘exascale’ performance [The Verge]

Hewlett Packard Enterprise Company (HPE) 
Last hewlett packard enterprise company earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.hpe.com
Company Research Source: The Verge
Hewlett Packard Enterprise acquires supercomputer maker Cray in the race to ‘exascale’ performance Hewlett Packard Enterprise, not to be confused with the personal computing brand from which it split in 2015, said today that it acquired Cray, an iconic maker of supercomputers with a rich history in the computing industry. The deal is said to be valued at $1.3 billion. Cray, which was founded in 1972 by “the father of supercomputing,” Seymour Cray, is currently contracted to build two of the world’s fastest supercomputers for two US Department of Labs: the Oak Ridge National Laboratory and the Argonne National Laboratory. Both systems, one called Frontier being built in partnership with AMD one called Aurora with Intel Computing firms are racing to reach exascale performance, or a quintillion operations per second Such exascale supercomputer systems do not yet exist, and it makes sense HPE would want its own stake in upcoming “exascale opportunities,” for which the company says there Show less Read more
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