Cray Computer says Davenport resigned posts

Article Abstract:

Cray Computer Corp Pres, CEO and director Neil Davenport has suddenly resigned from all three positions, reportedly to explore other avenues of occupation, the company reports. Observers suggest a connection between Davenport's departure and the technical problems and production delays that have plagued Cray's latest supercomputer architecture, which lost its only customer, Lawrence Livermore National Laboratory, in Dec 1991. Davenport said that he feels Cray can continue the work toward completing the $30-million Cray-3 supercomputer without him. Davenport's responsibilities are being temporarily assumed by founder and chairman Seymour Cray, who formed Cray Computer Corp when his first company, Cray Research Inc, did not want to pursue any longer the supercomputer architecture he favored.

Officials and employees, Appointments, resignations and dismissals, Product development, Chief executive officers, Executive, Resignation, Chairmen, Time to Market

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New Cray firm takes a tumble as client quits

Article Abstract:

Cray Computer Corp, the new supercomputer company started by Seymour Cray, receives a major setback as the Lawrence Livermore National Laboratory cancels an order for Cray Computer's first Cray-3 machine. The Cray-3 is worth about $30 million. The contract is canceled because of delays in the development of the new computer. Lawrence Livermore will buy a Cray Y-MP C-90 instead of the Cray-3. The Cray Y-MP C-90 is made by Seymour Cray's old company, Cray Research Inc, which is now Cray Computer's rival. Cray Computer will try to find another customer.

Contracts, United States. Department of Energy. Lawrence Livermore National Laboratory, Product Delay, Product introduction delays, Cray Computer Cray-3 (Supercomputer), Lawrence Livermore National Laboratory, Product Acquisition

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