Market trends and business perspectives
by Sam Francis
Hewlett Packard Enterprise has reached an agreement to acquire Cray, the manufacturer of supercomputing systems.
HPE says the acquisition will cost $35 per share, in a transaction valued at approximately $1.3 billion, net of cash.
Antonio Neri, president and CEO, HPE, says: “Answers to some of society’s most pressing challenges are buried in massive amounts of data. [Read more…] about HPE to acquire supercomputer manufacturer Cray for $1.3 billion
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