Tuesday, November 12, 2019

Hewlett-Packard acquires giant computer maker for $ 1.3 billion

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

HP has revealed that it has acquired Cray, the maker of computers giant, where the company ended its deal for $ 1.3 billion to enhance HP’s attempt to be in academia, departments and government research centers, because of the importance of computers and the giant Cray a number of important contracts with various government agencies.

The acquisition will allow HP to expand its technical market, as well as to provide other companies with products and solutions for supercomputers in many countries. AMD recently announced its work with Cray to produce the world’s fastest supercomputer for the lab.

Cray, based in Seattle, USA, has a manufacturing center and some 1,300 employees worldwide. It has generated $ 456 million in revenue in the past fiscal year, while Cray can handle large data sets, converged modeling, Syntactic and analytical workloads.

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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