Cray announced today that it has established a new subsidiary in China in order to sell the company’s large supercomputing and storage systems, as well as provide training to customers in the Asian market. The new subsidiary, dubbed Cray Computing Equipment, will be based in Beijing’s Haidan district.
With the new unit, the company said that it is making a “long-term commitment towards building a strong base of Cray customers in China.”
“The country’s (High Performance Computing) market is of rising importance, and establishing a new subsidiary in Beijing reconfirms our dedication to providing world-class supercomputing technologies to meet the growing needs of China’s HPC users,” said Andrew Wyatt, vice president of Cray’s Asia Pacific business. The new office follows the opening of facilities in New Delhi, India in 2009.
The move comes two weeks after Cray established a new unit called YarcData — Cray spelled backwards — in order to take advantage of opportunities around “big data.” Cray’s supercomputers are used to crunch complex numbers in everything from the exploration of oil & gas to the design of automobiles to the analysis of weather patterns.
Shares of Cray are down slightly on the news, trading around $7 per share.