Cray shares down 3% after Q2 earnings beat expectations with $85M in revenue

Seattle-based supercomputer maker Cray beat Wall Street’s expectations with its second quarter earnings report, posting $85.1 million in revenue and earnings of ($0.18) per share. Analysts had predicted $74 million in revenue, with a ($0.30) earnings per share. Still, shares of Cray were down in after-hours trading on Tuesday by more than 3 percent. Revenues for… Read More


Cray to provide XC30 supercomputers in India

Cray announced today that it will provide the Tata Institute for Fundamental Research in Mumbai with one of its XC30 supercomputers – the first of its kind in India. The system will be used by a nationwide group of scientists known as the Indian Lattice Gauge Theory Initiative, which is researching a form of matter… Read More


Cray execs leave supercomputer maker to pursue new entrepreneurial opportunities

Two top Cray executives are leaving the Seattle-based supercomputer maker. The company announced today that Bill Blake, CTO and senior vice president, and Arvind Parthasarathi, general manager of Cray-owned YarcData, will be leaving to “pursue entrepreneurial opportunities.” Blake, the former general manager of parallel computing platforms at Microsoft, joined Cray in April 2012 and had served on Cray’s board six years prior… Read More


Supercomputer maker Cray lands $174M contract to help protect U.S. nuclear stockpile

Shares of supercomputer maker Cray Inc. soared more than 13 percent Thursday after the Seattle company announced that it had won a $174 million contract with the National Nuclear Security Administration. It is one of the company’s largest contracts, and follows a $54 million deal that Cray just landed last month with the Korea Meteorological… Read More

A Cray XC30 supercomputer

Aiming for more accurate weather forecasts, Korea Meteorological Association inks $54M deal with Cray

Cray announced today that it has signed a contract to provide the Korea Meteorological Association with two next-generation XC supercomputers. The deal,  worth $54 million, will help the KMA to provide more accurate weather forecasts. The supercomputers will provide multiple petaflops of processing power for the KMA’s workloads, as well as stability. One of the… Read More

A Cray XC30 supercomputer

Cray announces $70M deal with Department of Energy research center

Supercomputer maker Cray announced today that it has signed a contract worth $70 million to provide a next-generation Cray XC supercomputer for the National Energy Research Scientific Computing Center in California. The company says that the computer installed at the NERSC, named “Cori,” will be a future-generation update to its XC30 model, and will feature… Read More


Raising the CDC 6500 from the dead: Paul Allen’s engineers attempt toughest computer restoration yet

The newest arrival at Microsoft co-founder Paul Allen’s Living Computer Museum in Seattle is a big one — both literally and figuratively. Weighing more than 10,000 pounds, the Control Data Corporation 6500 is part of a line of machines that were the first to be called “supercomputers.” Each of its three giant bays has its own… Read More

A Cray XC30 supercomputer

Supercomputer maker Cray wins $30M contract from German university

Seattle supercomputer maker Cray announced today that it has signed a $30 million deal to expand its XC30 system at the University of Stuttgart. The new supercomputer, nicknamed Hornet, will be able to process a quadrillion mathematical calculations per second. The Hornet will be used at the University’s High Performance Computing Center Stuttgart, providing a useful tool… Read More

xc30-5 copy-small

Cray announces $30 million deal with UK research council

Supercomputer manufacturer Cray just announced a deal with the Engineering and Physical Sciences Research Council in Britain to install one of its XC30 supercomputers in Britain’s new national computing facility. “One of our primary goals is to increase the ability of UK researchers to make valuable contributions to the solution of important, grand-challenge problems, and the… Read More


Cray debuts air-cooled supercomputer for just $500K

Seattle-based Cray, which builds some of the world’s fastest supercomputers normally priced in the millions, just debuted a new “budget” option for those not looking to break the bank. Available today from Cray is the air-cooled XC30-AC, which is essentially a cousin of the XC-30 that normally sells for $10 million to $30 million. The XC30-AC shares… Read More


Supercomputer maker Cray slips to $7.6M net loss

Seattle supercomputer maker Cray today posted a first quarter net loss of $7.6 million on revenue of $79.5 million. That compared to net income of $5 million on revenue of $112.3 million for the same period last year. The company’s profit margin also shrunk to 30 percent from 40 percent, with the product margin also… Read More


German agency seals $23M deal for high-powered Cray supercomputers to improve the science of weather predictions

Seattle supercomputer maker Cray Inc. has sealed a $23 million deal to deliver two XC30 supercomputers and two Sonexion 1600 storage systems to Germany’s National Meteorological Service, one of the world’s top weather prediction centers. Cray said in a press release today that researchers at Deutscher Wetterdienst, or DWD, will be able to use the machines to produce… Read More


Seattle supercomputer maker Cray revises outlook

Shares of Seattle supercomputer maker Cray Inc. fell Friday morning after it announced preliminary results for 2012, noting that it expects revenue of $420 million on the year. Analysts had expected revenue of $446 million for the fiscal year. The company, which recently closed the acquisition of Appro, said that its gross margins for the… Read More


Cray-Z speed: Meet the world’s fastest supercomputer from Seattle-based Cray

We wrote about the latest supercomputer creation from Seattle-based Cray a few weeks ago, and now it’s official: Titan is the world’s fastest computer. Titan, an open science computer located at the U.S Department of Energy’s Oak Ridge National Laboratory, took first place in the Top500 list of the fastest supercomputers that was released today at the SC12… Read More


Supercomputer deal: Cray to acquire Appro for $25M

Seattle-based Cray is aiming to improve its position in high-performance computing with a $25 million cash acquisition of Appro International — a California-based company that is currently the No. 3 provider of systems on the closely watched Top100 supercomputer list. Appro, headquartered in Milpitas, Calif., will form the basis for a new Cluster Solutions business… Read More


Cray debuts Titan, one of the world’s fastest supercomputers

The latest creation from Seattle-based Cray has a new name, a new update and possibly a new title: fastest supercomputer on the planet. Titan, an open science computer located at the U.S Department of Energy’s Oak Ridge National Laboratory, debuted today as part of an unveiling of Cray’s new production line of hybrid supercomputers. Titan is the… Read More


Cray makes bold move in data storage, hires majority of Texas team from SFW

Here’s one way to bolster a business, and pick up some talented staffers in a tight hiring market. Seattle supercomputer maker Cray announced Thursday that it has hired the majority of employees from Austin, Texas-based SystemFabricWorks, a company that’s described as a leader in “storage interconnect solutions and software.” Joining Cray as part of the deal are… Read More


Cray boosts revenues as it awaits word on $150M order

Supercomputer maker Cray Inc. today reported net income of $147.4 million on revenue of $84.2 million, a “strong quarter” in the words of CEO Peter Ungaro. The boost in net income came in part through a $139.1 million gain tied to the company’s sale of its interconnect hardware development program to Intel Corporation. The company, whose… Read More


Cray to deliver ‘Cascade’ supercomputer to DOE researchers in $40M deal

Seattle supercomputer maker Cray announced today that it has won a $40 million contract to deliver its next-generation supercomputer, code-named “Cascade” along with its Sonexion storage system, to the Department of Energy’s National Energy Research Scientific Computing Center. The supercomputer will be used for detailed analysis in the fields of climate modeling, biology, environmental sciences, fusion energy,… Read More


Cray to sell hardware assets, shift employees to Intel

Supercomputer giant Cray has announced it’s selling a hardware program and related intellectual property to Intel — and in the process, up to 74 Cray employees will join Intel and Cray will receive $140 million. Cray says that a definitive agreement has been reached to sell its interconnect hardware development program, technology which directs supercomputer… Read More

William Blake

Tech Moves: Cray taps Microsoft GM as CTO; Weber names creative director; etc.

William Blake, the former general manager of parallel computing platforms at Microsoft Corp., has been named senior vice president and chief technology officer at supercomputer giant Cray Inc. Blake has more than three decades of high performance computing experiencing. He’s served on Cray’s board since June 2006, but will step down from that role this summer…. Read More


Supercomputer maker Cray expands in China

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… Read More