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The CEO of Hewlett Packard Enterprise explains how its $1.3 billion acquisition of Cray fits into the master plan — and why it could give it a boost with government customers (HPE, CRAY, AMZN, MSFT)

Business Insider Friday, 17 May 2019 ()
The CEO of Hewlett Packard Enterprise explains how its $1.3 billion acquisition of Cray fits into the master plan — and why it could give it a boost with government customers (HPE, CRAY, AMZN, MSFT)· Hewlett Packard Enterprise CEO Antonio Neri told Business Insider that the $1.3 billion deal to buy legendary supercomputer manufacturer Cray will boost HPE's strategy in the corporate tech market.
· He said the acquisition would also enhance HPE's position in the government market, where it has often lost to Cray.
·...
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News video: Hewlett Packard Enterprise To Purchase Cray in $1.30 Billion Deal

Hewlett Packard Enterprise To Purchase Cray in $1.30 Billion Deal 00:32

Reuters reports that Hewlett Packard Enterprise Co will purchase supercomputer manufacturer Cray Inc. The deal was announced on Friday by Cray and is valued at approximately $1.30 billion, net of cash. The purchase is expected to close by the first quarter of HPE’s fiscal year 2020. Hewlett Packard...

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