Feeds

Cray to buy AMD cluster maker

OctigaBay 12K development running late and eating cash

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

Supercomputer maker Cray is to buy its smaller rival OctigaBay, the duo announced yesterday, after both firms' boards gave the acquisition the green light.

The deal values the Vancouver-based high performance computing specialist at $115m. Cray will pay $15m in cash and 12.7m of its own shares for all outstanding OctigaBay stock.

OctigaBay's specialism is building supercomputing clusters out of AMD Opteron processors. Indeed, the company came to our attention late last year when it detailed an upcoming system, the OctigaBay 12K, based on a number of 2.4GHz Opteron 200 series processors. Such a part still does not exist, of course.

The 12K was due to have shipped early this year, but now has a launch date sometime in the second half of the year. Even then the system will be only available in limited quantities - "general availability" won't happen until early 2005. Pricing, to be announced later this year, is expected to range from under $100,000 to about $2m. OctigaBay is currently spending around $2m a quarter developing 12K, the company said.

OctigaBay's President and CEO, John Seminerio, said the company had decided to join Cray because of the latter's "worldwide sales and service organization and global customer relationships", which will give its own products greater exposure.

Last October, Cray announced a plan to build Opteron-based systems of its own, aimed at organisations who need something more integrated than a cluster of off-the-shelf SMP systems. The company said the acquisition had been made to extend its product line into that latter area - in the process, multiplying "its addressable market by over four times". ®

Related Stories

AMD Opteron 250 to ship early 2004
Cray preps new Opteron-based product line

Build a business case: developing custom apps

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?