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Primeur weekly 2012-04-30

The Cloud

Customers worldwide choose Oracle Fusion Human Capital Management in the Cloud ...

AMD selects HP for Cloud data centre ...

GREE selects Oracle's Sun ZFS storage appliance, Oracle Solaris 11 on Sun x86 server for data analysis ...

Chico's FAS chooses HP Converged Infrastructure to increase employee productivity, and cut costs ...

Fujitsu releases software supporting the utilization of big data ...

World's largest genomics institute announces affordable, Cloud-based DNA sequencing service accelerated by NVIDIA GPUs ...

LA Net adopts Emerge.MD's Cloud based telehealth solution to enable clinical collaboration ...

EC OPTIMIS Project to release first open source toolkit for Cloud providers ...

Desktop Grids

SDSC's Trestles supercomputer speeds clean energy research ...

EuroFlash

PRACE to issue Call for Participation in PRACE Scientific Conference 2012 on June 17, 2012 at ISC'12 in Hamburg ...

CGW'12 to issue Call for Papers ...

Russia's largest state-owned bank, Vnesheconombank, acquires equity stake in supercomputer manufacturer, T-Platforms ...

Strong business growth in first quarter for Bull ...

The final frontier: space centre launch facility chooses projectiondesign ...

Data mining opens the door to predictive neuroscience ...

PRACE to issue Call for Participation in PRACE Scientific Conference 2012 on June 17, 2012 at ISC'12 in Hamburg ...

CGW'12 to issue Call for Papers ...

Russia's largest state-owned bank, Vnesheconombank, acquires equity stake in supercomputer manufacturer, T-Platforms ...

Strong business growth in first quarter for Bull ...

New computer techniques speed up drug research ...

New NLeSC Open Call for Converging Sciences ...

USFlash

Terascala announces $14 million Series B funding round led by strategic partner consortium ...

Cray agrees to sell interconnect hardware sssets to Intel ...

Cray reports strong first quarter 2012 results ...

12 companies join Stanford and Berkeley to launch new Open Networking Research Center ...

Terascala announces $14 million Series B funding round led by strategic partner consortium ...

Cray agrees to sell interconnect hardware sssets to Intel ...

Cray reports strong first quarter 2012 results ...

DataDirect Networks selected to support NCSA's Blue Waters supercomputer ...

Valence Health heals growing pains with high-performance analytics from SAS and HP ...

AMD and Adobe Creative Suite 6 innovate with OpenCL and GPU acceleration ...

Canada's St. John Ambulance chooses HP to revive ailing storage network ...

IBM launches PowerLinux solutions to help customers increase efficiency and insights ...

NVIDIA unveils GeForce GTX 690 - Dual graphics card combines world's fastest gaming performance with sleek, sexy design ...

iBridge selects Oracle's Pillar Axiom 600 storage system as the foundation for its new secure data centre ...

Emerson Network Power rugged processing blade now verified by Cisco for secure unified communications in federal and defense applications ...

Physicists benchmark quantum simulator with hundreds of qubits ...

HP unveils enhancements to HP-UX for HP Integrity Systems ...

IBM advances Big Data analytics with acquisition of Vivisimo ...

Oracle beats NetApp results on SPECsfs2008 NFS benchmark at less than half the price and sets two-node world record ...

Cray agrees to sell interconnect hardware sssets to Intel

24 Apr 2012 Seattle - Cray Inc. has signed a definitive agreement to sell its interconnect hardware development programme and related intellectual property to Intel Corporation for $140 million in cash.

"This agreement is evidence of the leadership position we've established in high performance computing, and is an exciting win for our customers, our company and our shareholders", stated Peter Ungaro, president and CEO of Cray. "By broadening our relationship with Intel, we are positioned to further penetrate the HPC market and expand on our industry-leading technologies in support of our Adaptive Supercomputing vision. Our product roadmap remains intact as we continue to build the highly differentiated, tightly integrated supercomputers that our customers have come to expect from Cray. This agreement also dramatically strengthens our balance sheet and increases our options for further growth, profitability and creating shareholder value."

Highlights of the agreement include:

  • Cray to receive $140 million in cash at closing;
  • Cray will continue to develop, sell and support current product lines, as well as the company's next-generation supercomputer code-named "Cascade";
  • Cray has opportunities to leverage important differentiating features of certain future Intel products;
  • Cray to retain certain rights to use the transferred assets and intellectual property in Cray products;
  • Up to 74 Cray employees will join Intel;
  • The transaction is expected to close relatively quickly, but in any event before the end of the current quarter, subject to customary closing conditions.

Cray anticipates that the lower headcount resulting from this transaction will yield cost savings in future periods from what they would have been, with a relatively modest amount of the benefit expected in 2012.

Source: Cray

Back to Table of contents

Primeur weekly 2012-04-30

The Cloud

Customers worldwide choose Oracle Fusion Human Capital Management in the Cloud ...

AMD selects HP for Cloud data centre ...

GREE selects Oracle's Sun ZFS storage appliance, Oracle Solaris 11 on Sun x86 server for data analysis ...

Chico's FAS chooses HP Converged Infrastructure to increase employee productivity, and cut costs ...

Fujitsu releases software supporting the utilization of big data ...

World's largest genomics institute announces affordable, Cloud-based DNA sequencing service accelerated by NVIDIA GPUs ...

LA Net adopts Emerge.MD's Cloud based telehealth solution to enable clinical collaboration ...

EC OPTIMIS Project to release first open source toolkit for Cloud providers ...

Desktop Grids

SDSC's Trestles supercomputer speeds clean energy research ...

EuroFlash

PRACE to issue Call for Participation in PRACE Scientific Conference 2012 on June 17, 2012 at ISC'12 in Hamburg ...

CGW'12 to issue Call for Papers ...

Russia's largest state-owned bank, Vnesheconombank, acquires equity stake in supercomputer manufacturer, T-Platforms ...

Strong business growth in first quarter for Bull ...

The final frontier: space centre launch facility chooses projectiondesign ...

Data mining opens the door to predictive neuroscience ...

PRACE to issue Call for Participation in PRACE Scientific Conference 2012 on June 17, 2012 at ISC'12 in Hamburg ...

CGW'12 to issue Call for Papers ...

Russia's largest state-owned bank, Vnesheconombank, acquires equity stake in supercomputer manufacturer, T-Platforms ...

Strong business growth in first quarter for Bull ...

New computer techniques speed up drug research ...

New NLeSC Open Call for Converging Sciences ...

USFlash

Terascala announces $14 million Series B funding round led by strategic partner consortium ...

Cray agrees to sell interconnect hardware sssets to Intel ...

Cray reports strong first quarter 2012 results ...

12 companies join Stanford and Berkeley to launch new Open Networking Research Center ...

Terascala announces $14 million Series B funding round led by strategic partner consortium ...

Cray agrees to sell interconnect hardware sssets to Intel ...

Cray reports strong first quarter 2012 results ...

DataDirect Networks selected to support NCSA's Blue Waters supercomputer ...

Valence Health heals growing pains with high-performance analytics from SAS and HP ...

AMD and Adobe Creative Suite 6 innovate with OpenCL and GPU acceleration ...

Canada's St. John Ambulance chooses HP to revive ailing storage network ...

IBM launches PowerLinux solutions to help customers increase efficiency and insights ...

NVIDIA unveils GeForce GTX 690 - Dual graphics card combines world's fastest gaming performance with sleek, sexy design ...

iBridge selects Oracle's Pillar Axiom 600 storage system as the foundation for its new secure data centre ...

Emerson Network Power rugged processing blade now verified by Cisco for secure unified communications in federal and defense applications ...

Physicists benchmark quantum simulator with hundreds of qubits ...

HP unveils enhancements to HP-UX for HP Integrity Systems ...

IBM advances Big Data analytics with acquisition of Vivisimo ...

Oracle beats NetApp results on SPECsfs2008 NFS benchmark at less than half the price and sets two-node world record ...