Hewlett Packard Enterprise CEO Antonio Neri told Business Insider that the $1.3 billion deal to buy legendary supercomputer manufacturer Cray will boost HPE's strategy in the corporate tech market.Visit Business Insider's homepage for more storiesHewlett-Packard Enterprise CEO Antonio Neri says buying Cray will provide the tech giant's cloud strategy more supercomputing muscle.It would also give it an edge in an arena where Cray had been HPE's stiff rival: government contracts.This trend is underscored by the battle for dominance in cloud computing, high-performance computing and AI.Founded in 1972, Cray is a supercomputing pioneer, and was once one of the preeminent names in the mainframe industry.
Hewlett Packard Enterprise, not to be confused with the personal computing brand from which it split in 2015, said today that it acquired Cray, an iconic maker of supercomputers with a rich history in the computing industry.Cray, which was founded in 1972 by “the father of supercomputing,” Seymour Cray, is currently contracted to build two of the world’s fastest supercomputers for two US Department of Energy Labs: the Oak Ridge National Laboratory and the Argonne National Laboratory.Both systems, one called Frontier being built in partnership with AMD and one called Aurora with Intel, are promised to bring so-called “exascale” performance, with raw performance power of the excess of 1.5 exfaflops, or a quintillion calculations per second.Such exascale supercomputer systems do not yet exist, and it makes sense HPE would want its own stake in upcoming “exascale opportunities,” for which the company says there is a growing market of primarily government contracts, currently estimated at $4 billion over the next half-decade.Currently, IBM is the maker of the world’s two fastest supercomputers, Summit and Sierra.“Only by processing and analyzing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more.
Hewlett Packard Enterprise has announced that it will acquire supercomputer maker Cray for $35 per share in cash in a deal valued at approximately $1.3bn.HPE's President and CEO, Antonio Neri explained how the acquisition will help drive the next generation of high performance computing (HPC), saying:“Answers to some of society’s most pressing challenges are buried in massive amounts of data.Only by processing and analyzing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more.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.”
Hewlett Packard Enterprise is concentrating more supercomputing power in its own hands, announcing Friday a plan to acquire Cray just weeks after the high-performance computing specialist announced it'll make what could become the fastest supercomputer ever.HPE said it's agreed to acquire Seattle-based Cray in an all-cash deal worth about $1.3 billion expected to close by January 2020.The acquisition of the high-performance computing company will expand HPE's portfolio and help lower the cost of Cray's technology such as Slingshot, a high-speed network linking computing nodes into one big supercomputer, the company said."Cray is a global technology leader in supercomputing and shares our deep commitment to innovation," HPE President and CEO Antonio Neri said in a statement.On May 7, the US Department of Energy said it's working with Cray and AMD to build one of the world's most powerful computers, called the Frontier, due to arrive in 2021.It will have a performance of 1.5 exaflops, or 1.5 quintillion calculations per second, which is faster than the 1.0 exaflops supercomputer Cray is working on with Intel called the Aurora.
HPE has announced that it is to acquire veteran supercomputer maker Cray Inc for a cool $1.3bn.Under the terms of the deal, HPE will pay $35 per share value, which represents a premium of 17.4 percent to Cray’s last close of share trading.It is fair to say that HPE has had some issues with past acquisitions.For example it is currently locked in a bitter dispute in a London courtroom with the former management of Autonomy.Its acquisition of Palm was also not widely considered to be a spectacular success either.Yet nevertheless HPE does have some good deals under its belt and it hopes that the Cray deal will assist its supercomputer and high performance computing (HPC) drive in the years ahead in areas such as federal contracts and academia.
Hewlett Packard Enterprise (HPE) has acquired US supercomputer manufacturer Cray in a huge takeover deal worth roughly $1.3bn (£1bn).HPE said it has signed a deal to buy the Seattle-based firm for $35 per share in cash, a premium on its closing price yesterday of $29.81.Read more: Ex-HP boss 'did not read all Autonomy results ahead of deal'“Cray is a global technology leader in supercomputing and shares our deep commitment to innovation,” said Antonio Neri, president and chief executive of HPE.“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.”HPE said the deal will create a combined company offering services across computing, storage, interconnection and software in the fast-growing high performance computing and artificial intelligence (AI) sectors.
HPE says it can drive major cost savings by using Cray’s Slingshot interconnectsHPE has agreed to buy supercomputer specialist Cray for $1.3 billion cash.The combined company will create several major revenue opportunities and cost synergies for HPE, it said, not least capitalising on what it estimates to be a $5 billion exascale computing opportunity over the next five years.Other benefits include the ability to provide new AI offerings, High Performance Computing (HPC)-as-a-Service and cost savings by using Cray’s Slingshot interconnect.The deal is for $35.00/share and expected to close in Q1, 2020.Cray’s supercomputing systems, delivered through its current generation XC and CS platforms, and next-generation Shasta series platform, have the ability to handle massive data sets, converged modeling, simulation, AI, and analytics workloads.
Substantial losses weren't much fun, now we'll wait till deal is doneHPE is buying supercomputing veteran Cray Inc for $1.3bn after a multi-year squeeze in the supers sector that culminated in "substantial loss" for the HPC-flinger at the start of 2019.The San Jose firm said it was looking to get in on the academia and government high performance computing markets.In a joint statement, the pair said they looked to spin up supercomputing as a service and flog a wider high performance product set for data-intensive workloads.HPE's chief exec Antonio Neri said: "Answers to some of society's most pressing challenges are buried in massive amounts of data.Only by processing and analyzing this data will we be able to unlock the answers to critical challenges across medicine, climate change, space and more."
Photonic Integrated Circuit Market Synopsis:The global Photonic Integrated Circuit (IC) Global Market was valued at USD 385.5 million in 2017 and is expected to reach USD 1,492.4 million by the end of the forecast period with a CAGR ofA photonic integrated circuit (PIC) Industry is a combination of photonic sensors and other electronic components that uses lights/photons to operate and perform various optical functions.In the functioning of a PIC, the signals are processed by integrating a visible and infrared wavelength on them between 800 nm to 1700 nm.Photonic sensors play a significant role in the PIC by converting the light signals into electric form.PICs often provide high speeds, and high bandwidth with less energy consumption.Get Free Sample of Photonic Integrated Circuit Market Report @ https://www.marketresearchfuture.com/sample_request/7480The market study indicates that various developments and innovations in the field of photonics and fiber optics have recently boosed the market.The companies operating in the photonic integrated circuit market focus on research and development to make efficient, eco-friendly products.Some of them are— Agilent Technologies, Inc. (US), Aifotec AG (Germany), Alcatel-Lucent SA (France), Broadcom Inc. (US), Ciena Corporation (US), CyOptics Inc. (US), EMCORE Corporation (US), Enablence Technologies Inc. (Canada), Finisar Corporation (US), Hewlett-Packard Company (US), Infinera Corporation (US), Intel Corporation (US), JDS Uniphase Corporation (US), Kaiam Corporation (US), and Mellanox Technologies Ltd (US).
May 17, 2019: This report studies Data Center Rack market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering• Emerson Electric• Eaton• Schneider Electric• Hewlett-Packard• Dell• IBM• Oracle Corp• Rittal Corp• Cisco• Chatsworth Products• Tripp Lite• Black Box Corporation• Belden• AMCO EnclosuresRequest a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-data-center-rack-market-professional-survey-report-2017/request-sampleBy types, the market can be split into• Less than 36U• 36 U• 45U• 48U• OthersBy Application, the market can be split into• Networking Data Center Rack Application• Servers Data Center Rack Application• OthersBy Regions, this report covers (we can add the regions/countries as you want)• North America• China• Europe• Southeast Asia• Japan• IndiaDownload Full Research Report @ https://www.radiantinsights.com/research/global-data-center-rack-market-professional-survey-report-2017Table of ContentsGlobal Data Center Rack Market Professional Survey Report 20171 Industry Overview of Data Center Rack1.1 Definition and Specifications of Data Center Rack1.1.1 Definition of Data Center Rack1.1.2 Specifications of Data Center Rack1.2 Classification of Data Center Rack1.2.1 Less than 36U1.2.2 36 U1.2.3 45U1.2.4 48U1.2.5 Others1.3 Applications of Data Center Rack1.3.1 Networking Data Center Rack Application1.3.2 Servers Data Center Rack Application1.3.3 Others1.4 Market Segment by Regions1.4.1 North America1.4.2 China1.4.3 Europe1.4.4 Southeast Asia1.4.5 Japan1.4.6 IndiaAbout Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.Media Contact:Company Name: Radiant Insights, IncContact Person: Michelle ThorasEmail: email@example.com our website: https://www.radiantinsights.com/Phone: (415) 349-0054Toll Free: 1-888-928-9744Address: 201 Spear Street 1100, Suite 3036,City: San FranciscoState: CaliforniaCountry: United States
In 2018, the global Virtual and Augmented Reality market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.This report focuses on the global Virtual and Augmented Reality status, future forecast, growth opportunity, key market and key players.The study objectives are to present the Virtual and Augmented Reality development in United States, Europe and China.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-virtual-augmented-reality-2019-2025-392 The key players covered in this studyGoogleSamsung ElectronicsMicrosoft CorporationSony Interactive EntertainmentOculus VR LLCHTC CorporationZeroLighEON RealityNokia CorporationBarcoBlippar.com LtdAurasma Ltd. (Hewlett-Packard Development Company.L.P)MindMaze SAVirtalisManus MachinaeIndependiente CommunicationsVirZOOMNuFormer ProjectionMarket segment by Type, the product can be split into Hardware (Head Mounted Display, Head Up Display, Glasses, Console, Sensor/Input, Camera, and Projector)SoftwareServiceMarket segment by Application, split into HealthcareEducationRetailGamingConstructionMedia and EntertainmentAutomotiveDefense and AerospaceManufacturingEnergyMarket segment by Regions/Countries, this report covers United StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are: To analyze global Virtual and Augmented Reality status, future forecast, growth opportunity, key market and key players.To present the Virtual and Augmented Reality development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Virtual and Augmented Reality are as follows: History Year: 2014-2018Base Year: 2018Estimated Year: 2019Forecast Year 2019 to 2025Get the Complete Report & TOC at https://www.24marketreports.com/ict-and-media/global-virtual-augmented-reality-2019-2025-392 CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: firstname.lastname@example.orgFollow Us On linkedin :- https://www.linkedin.com/company/24-market-reports
HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high-performance computing portfolio, and perhaps a foothold into quantum computing in the future.The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share.Cray was founded in the 1970s and for a time represented the cutting edge of super computing in the United States, but times have changed, and as the market has shifted, a deal like this makes sense.Ray Wang, founder and principal analyst at Constellation Research, says this is about consolidation at the high end of the market.“This is a smart acquisition for HPE.Cray has been losing money for some time but had a great portfolio of IP and patents that is key for the quantum era,” he told TechCrunch.
(Reuters) – Supercomputer manufacturer Cray said on Friday it would be bought by Hewlett Packard Enterprise in a deal valued at about $1.3 billion (1 billion pounds), net of cash.The $35 per share value represents a premium of 17.4% to Cray’s last close.HPE said it expects the deal to increase its footprint in federal business and academia, and sell supercomputing products to its commercial clients.The deal, expected to close by the first quarter of HPE’s fiscal year 2020, will add to its adjusted operating profit in the first full year after closing.As part of the deal, HPE expects to incur one-time integration costs that will be absorbed within its fiscal year 2020 free cash flow outlook of $1.9 billion to $2.1 billion that remains unchanged.Seattle-headquartered Cray has U.S.-based manufacturing operations and about 1,300 employees worldwide.
The company will quadruple its investments in its IoT business and is developing an all-in-one enterprise IoT solution bundle that combines hardware, software, and services.The IoT investment is "the single largest investment the company is going to make this year," according to Wilfredo Sotolongo, VP and chief customer officer for Lenovo's Data Center Group, per CRN.Here's what it means: Lenovo sees IoT as an opportunity to grow beyond its core personal computer (PC) business, and it can leverage its existing enterprise relationships to do so.Currently, Lenovo is a giant in the stagnating PC market.The company was one of the top PC vendors by shipments in 2018, neck and neck with HP.In an effort to diversify, Lenovo is making significant IoT investments to win over enterprise IoT clients, especially from among its existing customer relationships and contracts.
May 16, 2019: This report studies sales (consumption) of Software Defined Infrastructure (SDI) market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering• Cisco System Inc.• IBM Corporation• Hewlett-Packard• Intel Corporation• Dell• NEC Corporation• HitachiRequest a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/europe-software-defined-infrastructure-sdi-industry-2017/request-sampleMarket Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue, market share and growth rate of Software Defined Infrastructure (SDI) in these countries, from 2011 to 2021 (forecast), like• Germany• France• UK• Russia• Italy• Spain• BeneluxSplit by product type, with sales, revenue, price, market share and growth rate of each type, can be divided into• Software Defined Storage (SDS)• Software Defined Computer (SDC)• Software Defined Networking (SDN)Split by application, this report focuses on sales, market share and growth rate of Software Defined Infrastructure (SDI) in each application, can be divided into• BFSI• Retail• Manufacturing• Telecom• Healthcare• Education• Transportation• Utilities & EnergyDownload Full Research Report @ https://www.radiantinsights.com/research/europe-software-defined-infrastructure-sdi-industry-2017Table of ContentsEurope Software Defined Infrastructure (SDI) Market Report 20171 Software Defined Infrastructure (SDI) Overview1.1 Product Overview and Scope of Software Defined Infrastructure (SDI)1.2 Classification of Software Defined Infrastructure (SDI)1.2.1 Software Defined Storage (SDS)1.2.2 Software Defined Computer (SDC)1.2.3 Software Defined Networking (SDN)1.3 Application of Software Defined Infrastructure (SDI)1.3.1 BFSI1.3.2 Retail1.3.3 Manufacturing1.3.4 Telecom1.3.5 Healthcare1.3.6 Education1.3.7 Transportation1.3.8 Utilities & Energy1.4 Software Defined Infrastructure (SDI) Market by Countries1.4.1 Germany Status and Prospect (2012-2022)1.4.2 France Status and Prospect (2012-2022)1.4.3 UK Status and Prospect (2012-2022)1.4.4 Russia Status and Prospect (2012-2022)1.4.5 Italy Status and Prospect (2012-2022)1.4.6 Spain Status and Prospect (2012-2022)1.4.7 Benelux Status and Prospect (2012-2022)About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.Media Contact:Company Name: Radiant Insights, IncContact Person: Michelle ThorasEmail: email@example.com our website: https://www.radiantinsights.com/Phone: (415) 349-0054Toll Free: 1-888-928-9744Address: 201 Spear Street 1100, Suite 3036,City: San FranciscoState: CaliforniaCountry: United States
In addition to a 15-inch primary display, the machine comes with a petite 6-inch 1080p touchscreen panel located just slightly above the keyboard.I’m not much of a PC gamer (although I am partial to the occasional bit of Civilization), but I am a software developer by training, and something like the HP Omen X 2S is extremely attractive to me.This would allow me to quickly glance at code samples and method explanations, all without having to break my concentration by switching tabs.Similarly, tech workers with grueling travel schedules could find it helps them be productive, as they churn out lines of code from the desk of a dismal airport hotel.Another thing that makes the HP Omen X 2S attractive to code-monkeys is the fact that it’s undeniably powerful.You’d expect that from any gaming machine worth its salt.
Sponsored webcast While many organisations like the speed, efficiency and cost benefits of the public cloud, some like to keep a few things to themselves by keeping their own in-house IT systems.Hybrid-cloud models combining some mix of on-premises, private cloud and third-party public cloud services, are often the answer.The question is how do you replicate the public cloud experience in an on-prem, off-prem environment without having to undertake a full-scale transfer of your organisation’s systems and applications?Join our webinar at 3pm UK time, today, Wednesday, 15 May, to hear advice from Phil Starrett, chief technology officer of hybrid cloud at HPE UK, Tony Lock from IT analysts Freeform Dynamics, and The Reg’s own cloud expert Jon Collins on how to build on the three pillars of the hybrid cloud: technology, people and economics.Their main topics will be:The data challenges faced by organisations today
May 15, 2019: The global digital transformation market is expected to reach USD 798.44 billion by 2025, according to a new study by Grand View Research, Inc.The increasing necessity for the introduction of innovative solutions that are capable of engaging customers or employees to integrate process, data, IT and business and the increasing demand for the adoption of Internet of Things (IoT) are propelling market growth.Digital transformation allows organizations to tackle disruptive changes such as marketplace fluctuation, and corporate restructuring, among others, occurring in their markets and customer base by designing new products, services, and business models leveraging digitalization.These newly designed solutions are generally a mix of digitally stored historical information about business activities and the customers Furthermore, they facilitate the transformation of traditional processes, business activities, and models to take advantage of the upcoming changes and opportunities of digital technologies.Download sample Copy of This Report at: https://www.radiantinsights.com/research/digital-transformation-market/request-sample Moreover, factors such as optimization of end-to-end customer experience and improvement in operational flexibility are promoting the growth of digital transformation along with the recognition of new revenue sources.Further Key Findings From the Study Suggest:The hosted deployment segment is anticipated gain momentum owing to advantages such as convenience, lower cost, and better security.The segment is estimated to grow at a CAGR of 22.3% over the forecast periodThe healthcare segment is presumed to find the highest growing application and is estimated to grow at CAGR of 19.5% over the next eight years.This can be attributed to the increasing focus of the healthcare providers towards improving the patient care by implementing digital process and technologyView summary of this report @ https://www.radiantinsights.com/research/digital-transformation-market North America accounted for the largest share in 2016 owing to growing customer interaction through smart devices such as tablets, smartphones, and phablets, among others in this regionFurthermore, the presence of leading players such as IBM Corp., CA Technologies, and Hewlett Packard Enterprise Co, among others in the North American region is a key factor contributing to the regional market dominanceThe Asia Pacific regional market is expected to grow at the highest CAGR over the next eight years.This can be attributed to the growing demand for the application of the Internet of Things.The key industry participants include SAP SE, IBM Corporation, Oracle Corporation, Google Inc., Dell EMC, Hewlett Packard Enterprise Co., CA Technologies, Microsoft Corporation, Adobe Systems Incorporated, Accenture plc, Capgemini Group, Apple Inc., and Kellton Tech Solutions Ltd.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
Bendy screens are a hot topic right now, given Samsung’s folding phone, and cool prototypes like Lenovo’s flexible screen laptop, but HP’s Omen X 2S laptop is taking a different approach to packing more display into a device.Instead of one big screen that doubles as a touchpad and keyboard, the Omen X 2S will put a phone size display directly above the keyboard.Looking at it you might be reminded of Razer’s prototype from CES 2018 that let the Razer Phone double as a touchpad and second display in a laptop chassis.Both of those had the display doing double duty as the touchpad.The Omen X 2S gives you a dedicated touchpad in the same area where you typically find a number pad on a 15-inch laptop.The little 6-inch 1080p display is intended to work sort of like the second screen on a Nintendo DS.
A $31.7m funding round has been closed by scale-out filesystem flogger WekaIO, positioning it for possible acquisition by a storage industry player.Notably, some heavyweight tech firms were among new strategic investors in the round: companies like HPE, Mellanox, Nvidia, Seagate and Western Digital's Capital arm.Existing investors such as Qualcomm also contributed.WekaIO's Matrix file system runs on commodity x86 hardware, pre-engineered systems from HPE, Supermicro and Western Digital, and also in the AWS cloud.It's used in high-performance computing, analytics, AI and machine learning, life sciences, finance and engineering.Matrix has wide applicability, in other words.