Date: 29/04/2012

Intel to acquire Cray's high-performance computing interconnect assets

Intel Corporation has entered into a definitive agreement with Cray Inc. to acquire certain assets related to its high-performance computing (HPC) interconnect program. With the agreement, Intel gains access to Cray's world-class interconnect personnel and intellectual property.

"Delivering continued advancement in high-performance computing, including breaking the Exascale barrier, requires tremendous innovation in interconnect technology," said Diane Bryant, vice president and general manager of Intel's Datacenter and Connected System Group. "The acquisition of Cray's industry-leading interconnect technology and expertise provides exceptional strategic assets that further enhance Intel's HPC portfolio. We're excited about the value this will allow us to bring to our customers."