HPE to Buy Cray in $1.3B Deal


Hewlett Packard Enterprise agreed to acquire Cray Inc. for $35 a share in cash, with the transaction valued at about $1.3 billion, net of cash. The proposed merger would add supercomputing system technology to HPE’s product portfolio, expanding its offerings in high-performance computing (HPC). The HPC segment of the IT market, together with the associated data storage and services, is for... » read more

Manufacturing Bits: March 19


Exascale computers Intel and the U.S. Department of Energy (DOE) have set plans to develop and deliver the first exascale supercomputer in the United States. The system, called Aurora, will provide an exaFLOP of performance or a quintillion floating point computations per second. Targeted for delivery in 2021, the system is being developed at DOE’s Argonne National Laboratory. The system ... » read more