HPE ( HPE ) announced that it will buy Cray ( CRAY ) for $ 1.3 billion . Cray's stock shot up more than 17% Friday.
Cray achieved short pop culture fame in the 1990s when author Michael Crichton wrote "Jurassic Park." In the 1990s, four Cray X-MP supercomputers ran the theme park DNA sequencer that brought dinosaurs back to life. In the 1993 film, Jurassic Park's DNA sequencing laboratory was powered by Cray computers in the background.
Although Cray was never a house name, Cray brought supercomputing into the modern era. Seymour Cray, known as the "supercomputing father", founded Cray Research in Chippewa Falls, Wisconsin in 1
But Cray computers were a game switch. They revolutionized weather forecast simulations decades ago, and they continue to forecast weather today. NOAA's weather forecasting system is built by Cray, Dell ( DELL ) and IBM ( IBM ) . Supercomputers are also used for national defense and scientific research among other projects.
The human genome was first treated to a supercomputer (years after "Jurassic Park" predicted DNA sequencing), and the universities of Illinois researchers used a Cray computer to build the world's first genetic sequencing machine that can be used in hospitals.
Cray has another bond to "Jurassic Park": The movie's dinosaurs were built on computers manufactured by Silicon Graphics Inc., which bought Cray in 1996. The company was sold to Tera Computer Co. in 2000, which changed its name to Cray.
Now, the head office in Seattle, Cray is in the process of building the fastest supercomputer ever. The $ 600 million machine will stay at the US Department of Energy's Oak Ridge National Laboratory in Tennessee. It will be capable of 1.5 quintillion (billions of billions) of calculations per second. It's 9.4 billion times faster than Cray-1 and 50 times faster than the second fastest supercomputer.
Cray & # 39; s new supercomputer, called "Frontier", will be used for scientific research, renewable energy innovation and national security according to the Energy Department.
HPE said it was buying Cray to support its data analysis business for companies.
"Cray is a global technological leader in supercomputing and shares our deep commitment to innovation," said Antonio Neri, HPE's CEO, in a statement. "We want to be able to run the next generation of high performance computing and play an important role in promoting the way people live and work."
HPE's stock rose 1% Friday.