Supercomputers
Tech Powerhouse Hewlett Packard Is Acquiring Seattles Cray Inc.
Transaction will bring the maker of the worlds fastest supercomputers under the umbrella of a longtime industry giant
A legacy Seattle technology company, supercomputer maker Cray Inc. (CRAY: Nasdaq), is being acquired by another giant of the technology industry, San Jose, California-based Hewlett Packard Enterprise (HPE: NYSE) for $35 per share in cash, a deal worth about $1.3 billion, the companies announced. The acquisition is slated to close by the end of January…