HPE to buy supercomputer maker Cray for US$1.3bn

By

Bid to bolster footprint in government, academia.

HPE to buy supercomputer maker Cray for US$1.3bn
Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about US$1.30 billion, net of cash. The US$35 per share value represents a premium of 17.4 percent to Cray's last close. HPE said it expects the deal to increase its ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
crayfinancial serviceshardwarehewlett packard enterprisehpesoftwaresupercomputing

Sponsored Whitepapers

Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
See everything. Do more.
See everything. Do more.
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra

Events

Most Read Articles

Australia's super funds told to assess authentication controls

Australia's super funds told to assess authentication controls
ANZ consolidates operational risk into ServiceNow

ANZ consolidates operational risk into ServiceNow
ANZ Institutional readies go-live for "multi-agent chatbot" amie

ANZ Institutional readies go-live for "multi-agent chatbot" amie
Westpac hires CBA's data chief to lead AI, data and digital

Westpac hires CBA's data chief to lead AI, data and digital
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?