The combined company will reach a wider set of markets and will be offering deep expertise to solve the most complex problems of customers. Together, the companies will have better opportunities for growth and to lead the Exascale era of high performance computing.
Additionally, HPE said the acquisition will drive significant revenue growth opportunities and deliver cost synergies through efficiencies. It will also lower cost and product performance by leveraging Cray’s proprietary technology.
HPE and Cray will lead the next generation of high performance computing
In a statement, HPE President and CEO Antonio Neri, said, Cray is a global technology leader in supercomputing and shares our deep commitment to innovation. 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.”
On the other hand, Cray President and CEO Peter Ungaro, commented, “This is an amazing opportunity to bring together Cray’s leading-edge technology and HPE’s wide reach and deep product portfolio, providing customers of all sizes with integrated solutions and unique supercomputing technology to address the full spectrum of their data-intensive needs.”
