Intel to use Cray IP to score boffo DARPA dosh
HPC blogIn a bold and unexpected move, Intel bought out rights to Cray’s networking and interconnect technology a couple of days ago for $140 million in cold, hard cash. Like our pal TPM said in his comprehensive story, it was quite a surprise to HPC industry watchers. I hadn’t heard speculation about Cray looking to sell any assets. In fact, given the recent introduction of their Big Data play, YarcData, I had expected any Cray M&A news to be about their acquisition of some analytics pieces to round out their offerings.