Silicon Graphics reported ready to rescue Cray

Article Abstract:

Silicon Graphics is expected to announce plans to acquire control of the ailing supercomputer maker Cray Research. Cray initiated talks between the two companies, partially because due to reluctance on the part of large corporate and government customers to continue purchasing multimillion-dollar computers from a company with questionable financial stability. Cray hopes the Silicon Graphics partnership will offer the stability of a large corporate organization. Silicon Graphics aims to protect its own stock values by acquiring a majority holding in Cray, rather than purchasing the entire company. Silicon Graphics expects to benefit from Cray's influential clientele and myriad of supercomputing products. The challenge for Silicon Graphics and Cray will be to avoid the clash of corporate cultures and purposes that often results from the combination of two companies.

Mergers, acquisitions and divestments, Company Acquisition/Merger

---

Resolving conflicts in supercomputer deal; after buying Cray, Silicon Graphics sets out to unite technology

Article Abstract:

Silicon Graphics and its recently acquired Cray Research are expected to outline plans to integrate their competing supercomputer designs into a single product line that will operate on a single type of microprocessor. Silicon Graphics first plans to modify software environments so that existing programs designed for Cray Research or Silicon Graphics computers will be able to operate on all Cray and Silicon Graphics machines. By 2000, the company expects to use a standard computer design based on Silicon Graphics MIPS microprocessor. The primary challenge for merging the two product lines will be automatically modifying software written for Cray's vector supercomputers to Silicon Graphics parallel computing standard, which is expected to be faster by increasing the speed of standard microprocessors.

Planning, Product information, Company product planning, Company business planning

---

I.B.M. plans a supercomputer that works at the speed of life

Article Abstract:

IBM announced a $100 million five-year plan to create a supercomputer capable of simulating the molecular process by which the body creates proteins. The computer will be called Blue Gene and will run 500 times faster than current supercomputers. If successful, Blue Gene would be highly in demand in the biotechnology industry where molecular research is vital for new products.

United States, Research, Innovations, Hardware product development, Product development, Computer hardware, International Business Machines Corp., IBM, Molecular computing, Proteins, Supercomputer

Similar abstracts:

• Abstracts: Apple merger rumors fuel heavy trading; Sun Microsystems falls after being named as possible partner
• Abstracts: Silicon Graphics' stock falls on profit outlook. At Silicon Graphics, a surprise loss; Wall St. unhappy 5th quarter in row
• Abstracts: A mean chess-playing computer tears at the meaning of thought. Man vs. machine: a rematch; as chess champ trains, deeper deep blue waits
• Abstracts: The Apple world according to Markkula: an 'unknown' co-founder leaves after 20 years of glory and turmoil. Apple chief executive seeks more time to aid company
• Abstracts: Weighing time for new little Mac. A half-pint computer that does full windows. Pentiums without whistles

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.