In September 2019, Hewlett Packard Enterprise (HPE) announced its acquisition of Cray Inc. for approximately $3 billion. This acquisition marks a strategic move by HPE to expand its presence in the supercomputing market and leverage Cray's expertise in high-performance computing (HPC).
Why Did HP Buy Cray?
The acquisition of Cray aligns with HPE's vision for the new exascale era. By joining forces, HPE aims to bring Cray's supercomputing technology to an expanded market and capitalize on HPE's breadth, scale, and innovation to advance the field of supercomputing.
HPC plays a crucial role in tackling complex challenges across various industries, including medicine, climate change, and space exploration. The ability to process and analyze vast amounts of data is essential in unlocking answers to these critical challenges. Cray, as a global technology leader in supercomputing, shares HPE's commitment to innovation.
Antonio Neri, President and CEO of HPE, stated, by combining our world-class teams and technology, we will have the opportunity to drive the next generation of high-performance computing and play an important part in advancing the way people live and work.
How Much Did the Cray Acquisition Cost?
The acquisition of Cray by HPE was valued at approximately $3 billion. This significant investment reflects HPE's commitment to expanding its capabilities in the supercomputing market and leveraging Cray's expertise to drive innovation in high-performance computing.
Hewlett & packard: pioneers in tech industryThe focus of this acquisition is data. HPE recognizes that processing and analyzing data is crucial in unlocking insights and addressing critical challenges. The combination of HPE's resources and Cray's technology and experience in supercomputing creates a powerful synergy that can drive advancements in data-intensive workloads and provide comprehensive solutions for customers' needs.
HPE aims to deliver future HPC-as-a-Service and AI/ML analytics through its GreenLake platform. With a comprehensive end-to-end portfolio of HPC infrastructure, including compute, high-performance storage, system interconnects, software, and services, HPE can address a wide range of customers' data-intensive requirements.
The acquisition also brings increased innovation and technological leadership by leveraging the scale and talent of both companies. Furthermore, HPE can enhance its supply chain capabilities by leveraging Cray's US-based manufacturing facilities.
The acquisition of Cray by Hewlett Packard Enterprise signifies a strategic move to strengthen HPE's position in the supercomputing market and leverage Cray's expertise in high-performance computing. By combining forces, HPE aims to drive the next generation of high-performance computing and address critical challenges across various industries.
This acquisition provides HPE with a strong team of experts in HPC and allows Cray to access the resources of a larger computing company. The collaboration between these two industry leaders brings together decades of experience and knowledge, paving the way for innovation and advancements in the field of supercomputing.
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