Hewlett Packard Enterprise (HPE) Completes Acquisition of Cray (CRAY)
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HPE Completes Acquisition of Supercomputing Leader Cray, Inc.
September 25, 2019 8:00 AM EDTAcquisition expands industry-leading portfolio in fast-growing HPC and AI market segments, accelerates strategy to tackle customers most data-intensive challenges
SAN JOSE, Calif.--(BUSINESS WIRE)-- Hewlett Packard Enterprise (NYSE: HPE) today announced it has completed the acquisition of supercomputing leader Cray Inc., earlier than the original target date. HPE paid $35.00 per share, in a transaction valued at approximately $1.4 billion, net of cash.
The explosion of data is driving a significant expansion of high performance computing (HPC) as customers seek to unlock the power of their data through artificial intelligence, machine... More
