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)
Friday, 17 May 2019 () · 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.
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...
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...
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Shares of Cray Inc (NASDAQ:CRAY) surged after the supercomputer developer announced an agreement to be acquired by Hewlett Packard Enterprise Company (NYSE:HPE)... Proactive Investors Also reported by •bizjournals •SFGate •Seattle Times •TechCrunch
Hewlett Packard Enterprise (HPE) has a shiny new toy. The information technology firm announced today that is spending $1.3 billion to acquire supercomputer... engadget Also reported by •bizjournals •SFGate