Hewlett Packard Enterprise (HPE) has acquired global supercomputer leader Cray in a deal valued at $1.3 billion. The acquisition will help HPE “tackle customers’ most data-intensive challenges by combining deep supercomputing talent and cutting-edge technologies.” Cray’s impressive range of IP and patents will also help strengthen HPE’s existing high-performance computing portfolio.

“HPE and Cray share a commitment to customer-centric innovation and a vision to create the global leader for the future of high performance computing and AI. On behalf of the Cray Board of Directors, we are pleased to have reached an agreement that we believe maximizes value and are excited for the opportunities that this unique combination will create for both our employees and our customers.”

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