{"id":46631,"date":"2019-05-17T15:05:52","date_gmt":"2019-05-17T13:05:52","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=46631"},"modified":"2019-05-17T15:05:52","modified_gmt":"2019-05-17T13:05:52","slug":"hpe-to-acquire-supercomputing-leader-cray","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/46631-hpe-to-acquire-supercomputing-leader-cray\/","title":{"rendered":"<span class=\"caps\">HPE<\/span> <span class=\"caps\">TO<\/span> <span class=\"caps\">ACQUIRE<\/span> <span class=\"caps\">SUPERCOMPUTING<\/span> <span class=\"caps\">LEADER<\/span> <span class=\"caps\">CRAY<\/span>"},"content":{"rendered":"<h3>Combined Company Will Drive Next Generation of High Performance Computing<\/h3>\n<p><strong>San Jose, Calif., and Seat\u00adtle, Wash., May 17, 2019<\/strong>&nbsp;\u2014 Hew\u00adlett Packard Enter\u00adpri\u00adse (<span class=\"caps\">NYSE<\/span>:<span class=\"caps\">HPE<\/span>) and Cray Inc. (Nasdaq: <span class=\"caps\">CRAY<\/span>), a glo\u00adbal super\u00adcom\u00adpu\u00adter lea\u00adder, today announ\u00adced that the com\u00adpa\u00adnies have ente\u00adred into a defi\u00adni\u00adti\u00adve agree\u00adment under which <span class=\"caps\">HPE<\/span> will acqui\u00adre Cray for $35.00 per share in cash, in a tran\u00adsac\u00adtion valued at appro\u00adxi\u00adm\u00adate\u00adly $1.3 bil\u00adli\u00adon, net of&nbsp;cash.<\/p>\n<p><span class=\"dquo\">\u201c<\/span>Ans\u00adwers to some of society\u2019s most pres\u00adsing chal\u00adlenges are buried in mas\u00adsi\u00adve amounts of data,\u201d said Anto\u00adnio Neri, Pre\u00adsi\u00addent and <span class=\"caps\">CEO<\/span>, <span class=\"caps\">HPE<\/span>. \u201cOnly by pro\u00adces\u00adsing and ana\u00adly\u00adzing this data will we be able to unlock the ans\u00adwers to cri\u00adti\u00adcal chal\u00adlenges across medi\u00adci\u00adne, cli\u00adma\u00adte chan\u00adge, space and more. Cray is a glo\u00adbal tech\u00adno\u00adlo\u00adgy lea\u00adder in super\u00adcom\u00adpu\u00adting and shares our deep com\u00admit\u00adment to inno\u00adva\u00adti\u00adon. By com\u00adbi\u00adning our world-class teams and tech\u00adno\u00adlo\u00adgy, we will have the oppor\u00adtu\u00adni\u00adty to dri\u00adve the next gene\u00adra\u00adti\u00adon of high per\u00adfor\u00admance com\u00adpu\u00adting and play an important part in advan\u00adcing the way peo\u00adp\u00adle live and&nbsp;work.\u201d<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>The Explosion of Data is Driving Strong <span class=\"caps\">HPC<\/span> Growth<\/strong><\/h3>\n<p>The explo\u00adsi\u00adon of data from arti\u00adfi\u00adci\u00adal intel\u00adli\u00adgence, machi\u00adne lear\u00adning, and big data ana\u00adly\u00adtics and evol\u00adving cus\u00adto\u00admer needs for data-inten\u00adsi\u00adve workloads are dri\u00adving a signi\u00adfi\u00adcant expan\u00adsi\u00adon in&nbsp;<span class=\"caps\">HPC<\/span>.<\/p>\n<p>Over the next three years the <span class=\"caps\">HPC<\/span> seg\u00adment of the mar\u00adket and asso\u00adcia\u00adted sto\u00adrage and ser\u00advices is expec\u00adted to grow from appro\u00adxi\u00adm\u00adate\u00adly $28 bil\u00adli\u00adon in 2018 to appro\u00adxi\u00adm\u00adate\u00adly $35 bil\u00adli\u00adon in 2021, a com\u00adpound annu\u00adal growth rate of appro\u00adxi\u00adm\u00adate\u00adly 9 per\u00adcent. Exas\u00adca\u00adle is a gro\u00adwing seg\u00adment of over\u00adall <span class=\"caps\">HPC<\/span> oppor\u00adtu\u00adni\u00adties and more than $4 bil\u00adli\u00adon of Exas\u00adca\u00adle oppor\u00adtu\u00adni\u00adties are expec\u00adted to be award\u00aded over the next five&nbsp;years.<\/p>\n<p>Addres\u00adsing com\u00adplex chal\u00adlenges and advan\u00adcing cri\u00adti\u00adcal aca\u00adde\u00admic rese\u00adarch, inclu\u00adding pre\u00addic\u00adting future wea\u00adther pat\u00adterns, deli\u00adve\u00adring breakth\u00adrough medi\u00adcal dis\u00adco\u00adveries, and pre\u00adven\u00adting cyber-attacks, requi\u00adres signi\u00adfi\u00adcant com\u00adpu\u00adta\u00adtio\u00adnal capa\u00adbi\u00adli\u00adties, up to and through Exas\u00adca\u00adle level archi\u00adtec\u00adtu\u00adre. Exas\u00adca\u00adle capa\u00adble sys\u00adtems enable solu\u00adti\u00adons to the\u00adse pro\u00adblems with much grea\u00adter pre\u00adcis\u00adi\u00adon and insight.<\/p>\n<p><span class=\"dquo\">\u201c<\/span>This is an ama\u00adzing oppor\u00adtu\u00adni\u00adty to bring tog\u00ade\u00adther Cray\u2019s lea\u00adding-edge tech\u00adno\u00adlo\u00adgy and <span class=\"caps\">HPE<\/span>\u2019s wide reach and deep pro\u00adduct port\u00adfo\u00adlio, pro\u00advi\u00adding cus\u00adto\u00admers of all sizes with inte\u00adgra\u00adted solu\u00adti\u00adons and uni\u00adque super\u00adcom\u00adpu\u00adting tech\u00adno\u00adlo\u00adgy to address the full spec\u00adtrum of their data-inten\u00adsi\u00adve needs,\u201d said Peter Unga\u00adro, Pre\u00adsi\u00addent and <span class=\"caps\">CEO<\/span> of Cray. \u201c<span class=\"caps\">HPE<\/span> and Cray share a com\u00admit\u00adment to cus\u00adto\u00admer-cen\u00adtric inno\u00adva\u00adti\u00adon and a visi\u00adon to crea\u00adte the glo\u00adbal lea\u00adder for the future of high per\u00adfor\u00admance com\u00adpu\u00adting and <span class=\"caps\">AI<\/span>. On behalf of the Cray Board of Direc\u00adtors, we are plea\u00adsed to have rea\u00adched an agree\u00adment that we belie\u00adve maxi\u00admi\u00adzes value and are exci\u00adted for the oppor\u00adtu\u00adni\u00adties that this uni\u00adque com\u00adbi\u00adna\u00adti\u00adon will crea\u00adte for both our employees and our customers.\u201d<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Cray is a Leading Innovator in Supercomputer Solutions<\/strong><\/h3>\n<p>Cray is the pre\u00admier pro\u00advi\u00adder of high-end super\u00adcom\u00adpu\u00adting solu\u00adti\u00adons that address cus\u00adto\u00admers\u2019 most chal\u00adlen\u00adging, data-inten\u00adsi\u00adve workloads for making cri\u00adti\u00adcal decis\u00adi\u00adons. Cray has a lea\u00adder\u00adship posi\u00adti\u00adon in the top 100 super\u00adcom\u00adpu\u00adter instal\u00adla\u00adti\u00adons around the glo\u00adbe. With a histo\u00adry tying back to Cray Rese\u00adarch, which was foun\u00added in 1972, Cray is head\u00adquar\u00adte\u00adred in Seat\u00adtle, Washing\u00adton, with US-based manu\u00adfac\u00adtu\u00adring, and appro\u00adxi\u00adm\u00adate\u00adly 1,300 employees world\u00adwi\u00adde. The com\u00adpa\u00adny deli\u00adver\u00aded reve\u00adnue of $456 mil\u00adli\u00adon in its most recent fis\u00adcal year, up 16 per\u00adcent year over&nbsp;year.<\/p>\n<p>Cray\u2019s super\u00adcom\u00adpu\u00adting sys\u00adtems, deli\u00adver\u00aded through their cur\u00adrent gene\u00adra\u00adti\u00adon <span class=\"caps\">XC<\/span> and <span class=\"caps\">CS<\/span> plat\u00adforms, and next-gene\u00adra\u00adti\u00adon Shas\u00adta series plat\u00adform, have the abili\u00adty to hand\u00adle mas\u00adsi\u00adve data sets, con\u00adver\u00adged mode\u00adling, simu\u00adla\u00adti\u00adon, <span class=\"caps\">AI<\/span>, and ana\u00adly\u00adtics workloads. In addi\u00adti\u00adon to super\u00adcom\u00adpu\u00adters, they offer high-per\u00adfor\u00admance sto\u00adrage, low-laten\u00adcy high per\u00adfor\u00admance <span class=\"caps\">HPC<\/span> inter\u00adcon\u00adnects, a full <span class=\"caps\">HPC<\/span> sys\u00adtem soft\u00adware stack and pro\u00adgramming envi\u00adron\u00adment, data ana\u00adly\u00adtics, and <span class=\"caps\">AI<\/span> solu\u00adti\u00adons \u2013 all curr\u00adent\u00adly deli\u00adver\u00aded through inte\u00adgra\u00adted systems.<\/p>\n<p>Cray recent\u00adly announ\u00adced an Exas\u00adca\u00adle super\u00adcom\u00adpu\u00adter con\u00adtract for over $600 mil\u00adli\u00adon for the U.S. Depart\u00adment of Energy\u2019s Oak Ridge Natio\u00adnal Labo\u00adra\u00adto\u00adry. The sys\u00adtem, which is tar\u00adge\u00adted to be the world\u2019s fas\u00adtest sys\u00adtem, will enable ground\u00adbrea\u00adking rese\u00adarch and <span class=\"caps\">AI<\/span> at unpre\u00adce\u00adden\u00adted sca\u00adle, using Cray\u2019s new Shas\u00adta sys\u00adtem archi\u00adtec\u00adtu\u00adre and Slingshot inter\u00adcon\u00adnect. The com\u00adpa\u00adny was also part of an award with Intel for the first U.S. Exas\u00adca\u00adle con\u00adtract from the U.S. Depart\u00adment of Energy\u2019s Argon\u00adne Natio\u00adnal Labo\u00adra\u00adto\u00adry, with Cray\u2019s por\u00adti\u00adon of the con\u00adtract valued at over $100 million.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Cray Strengthens and Expands <span class=\"caps\">HPE<\/span>\u2019s High Performance Computing Portfolio<\/strong><\/h3>\n<p>High per\u00adfor\u00admance com\u00adpu\u00adting is a key com\u00adpo\u00adnent of <span class=\"caps\">HPE<\/span>\u2019s visi\u00adon and growth stra\u00adtegy and the com\u00adpa\u00adny curr\u00adent\u00adly offers world-class <span class=\"caps\">HPC<\/span> solu\u00adti\u00adons, inclu\u00adding <span class=\"caps\">HPE<\/span> Apol\u00adlo and <span class=\"caps\">SGI<\/span>, to cus\u00adto\u00admers world\u00adwi\u00adde. This port\u00adfo\u00adlio will be fur\u00adther streng\u00adthe\u00adned by lever\u00adaging Cray\u2019s foun\u00adda\u00adtio\u00adnal tech\u00adno\u00adlo\u00adgies and adding com\u00adple\u00admen\u00adta\u00adry solu\u00adti\u00adons. The com\u00adbi\u00adned com\u00adpa\u00adny will also reach a broa\u00adder set of end mar\u00adkets, offe\u00adring enter\u00adpri\u00adse, aca\u00adde\u00admic and govern\u00adment cus\u00adto\u00admers a broad ran\u00adge of solu\u00adti\u00adons and deep exper\u00adti\u00adse to sol\u00adve their most com\u00adplex pro\u00adblems. Tog\u00ade\u00adther, <span class=\"caps\">HPE<\/span> and Cray will have enhan\u00adced oppor\u00adtu\u00adni\u00adties for growth and the inte\u00adgra\u00adted plat\u00adform, sca\u00adle and resour\u00adces to lead the Exas\u00adca\u00adle era of high per\u00adfor\u00admance computing.<\/p>\n<p>The com\u00adbi\u00adna\u00adti\u00adon of <span class=\"caps\">HPE<\/span> and Cray is expec\u00adted to deli\u00adver signi\u00adfi\u00adcant cus\u00adto\u00admer bene\u00adfits including:<\/p>\n<ul>\n<li>Future HPC-as-a-Ser\u00advice and <span class=\"caps\">AI<\/span> \/ <span class=\"caps\">ML<\/span> ana\u00adly\u00adtics through <span class=\"caps\">HPE<\/span> GreenLake<\/li>\n<li>A com\u00adpre\u00adhen\u00adsi\u00adve end-to-end port\u00adfo\u00adlio of <span class=\"caps\">HPC<\/span> infra\u00adstruc\u00adtu\u00adre \u2013 com\u00adpu\u00adte, high-per\u00adfor\u00admance sto\u00adrage, sys\u00adtem inter\u00adcon\u00adnects, soft\u00adware and ser\u00advices sup\u00adple\u00admen\u00adting exis\u00adting <span class=\"caps\">HPE<\/span> capa\u00adbi\u00adli\u00adties to address the full spec\u00adtrum of cus\u00adto\u00admers\u2019 data-inten\u00adsi\u00adve&nbsp;needs<\/li>\n<li>Dif\u00adfe\u00adren\u00adtia\u00adted next-gene\u00adra\u00adti\u00adon tech\u00adno\u00adlo\u00adgy addres\u00adsing data inten\u00adsi\u00adve workloads<\/li>\n<li>Increased inno\u00adva\u00adti\u00adon and tech\u00adno\u00adlo\u00adgi\u00adcal lea\u00adder\u00adship from lever\u00adaging grea\u00adter sca\u00adle, com\u00adbi\u00adned talent and expan\u00added tech\u00adno\u00adlo\u00adgy capabilities<\/li>\n<li>Enhan\u00adced sup\u00adp\u00adly chain capa\u00adbi\u00adli\u00adties lever\u00adaging US-based manufacturing<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Signi\u00adfi\u00adcant Eco\u00adno\u00admic Upsi\u00adde Expec\u00adted to be Rea\u00adli\u00adzed from the Combination<\/strong><\/p>\n<p>Brin\u00adging tog\u00ade\u00adther <span class=\"caps\">HPE<\/span> and Cray enables an enhan\u00adced finan\u00adcial pro\u00adfi\u00adle for the com\u00adbi\u00adned com\u00adpa\u00adny that includes seve\u00adral reve\u00adnue growth oppor\u00adtu\u00adni\u00adties and cost synergies.<\/p>\n<p>The com\u00adpa\u00adnies expect the com\u00adbi\u00adna\u00adti\u00adon to dri\u00adve signi\u00adfi\u00adcant reve\u00adnue growth oppor\u00adtu\u00adni\u00adties&nbsp;by:<\/p>\n<ul>\n<li>Capi\u00adta\u00adli\u00adzing on the gro\u00adwing <span class=\"caps\">HPC<\/span> seg\u00adment of the mar\u00adket and Exas\u00adca\u00adle opportunities<\/li>\n<li>Enhan\u00adcing <span class=\"caps\">HPE<\/span>\u2019s cus\u00adto\u00admer base with a com\u00adple\u00admen\u00adta\u00adry foot\u00adprint in fede\u00adral busi\u00adness and aca\u00adde\u00admia and the company\u2019s abili\u00adty to acce\u00adle\u00adra\u00adte com\u00admer\u00adcial super\u00adcom\u00adpu\u00adting adoption<\/li>\n<li>Intro\u00addu\u00adcing new offe\u00adrings in <span class=\"caps\">AI<\/span> \/ <span class=\"caps\">ML<\/span> and HPC-as-a-ser\u00advice with <span class=\"caps\">HPE<\/span> GreenLake<\/li>\n<\/ul>\n<p>We also expect to deli\u00adver signi\u00adfi\u00adcant cost syn\u00ader\u00adgies through effi\u00adci\u00aden\u00adci\u00ades and by lever\u00adaging pro\u00adprie\u00adta\u00adry Cray tech\u00adno\u00adlo\u00adgy, like the Slingshot inter\u00adcon\u00adnect, to lower cos\u00adts and impro\u00adve pro\u00adduct performance.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Transaction Details<\/strong><\/h3>\n<p>As a result of the enhan\u00adced finan\u00adcial pro\u00adfiles of the com\u00adbi\u00adned com\u00adpa\u00adnies, the deal is expec\u00adted to be accre\u00adti\u00adve to <span class=\"caps\">HPE<\/span> non-GAAP ope\u00adra\u00adting pro\u00adfit and ear\u00adnings in the first full year fol\u00adlo\u00adwing the&nbsp;close.<\/p>\n<p>As part of the tran\u00adsac\u00adtion, <span class=\"caps\">HPE<\/span> expects to incur one-time inte\u00adgra\u00adti\u00adon cos\u00adts that will be absor\u00adbed within <span class=\"caps\">HPE<\/span>\u2019s <span class=\"caps\">FY20<\/span> free cash flow out\u00adlook of $1.<span class=\"caps\">9B<\/span> to $2.<span class=\"caps\">1B<\/span> that remains unchanged.<\/p>\n<p>The tran\u00adsac\u00adtion is expec\u00adted to clo\u00adse by the first quar\u00adter of <span class=\"caps\">HPE<\/span>\u2019s fis\u00adcal year 2020, sub\u00adject to regu\u00adla\u00adto\u00adry appr\u00adovals and other cus\u00adto\u00adma\u00adry clo\u00adsing conditions.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Investment Community Conference Call<\/strong><\/h3>\n<p><span class=\"caps\">HPE<\/span> will con\u00adduct a live audio web\u00adcast of its con\u00adfe\u00adrence call to dis\u00adcuss <span class=\"caps\">HPE<\/span>\u2019s acqui\u00adsi\u00adti\u00adon of Cray. The call is sche\u00addu\u00adled for Fri\u00adday, May 17th, at 8:30 a.m. <span class=\"caps\">ET<\/span> \/ 5:30 a.m. <span class=\"caps\">PT<\/span>, and the web\u00adcast will be available at&nbsp;<a class=\"blue-orange\" href=\"https:\/\/www.hpe.com\/investor\/2019Q2HPETOACQUIRECRAY\" rel=\"no-follow\">www.hpe.com\/investor\/<span class=\"caps\">2019Q2HPETOACQUIRECRAY<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3><strong><span class=\"caps\">HPE<\/span> <span class=\"caps\">Q2<\/span> <span class=\"caps\">FY19<\/span> Earnings Announcement<\/strong><\/h3>\n<p>As a remin\u00adder, Hew\u00adlett Packard Enter\u00adpri\u00adse (<span class=\"caps\">NYSE<\/span>: <span class=\"caps\">HPE<\/span>) will con\u00adduct a live audio web\u00adcast of its con\u00adfe\u00adrence call to review its finan\u00adcial results for the second quar\u00adter of fis\u00adcal 2019, which ended April 30,&nbsp;2019.<\/p>\n<p>The call is sche\u00addu\u00adled for Thurs\u00adday, May 23, at 4:30 p.m. <span class=\"caps\">ET<\/span> \/ 1:30 p.m. <span class=\"caps\">PT<\/span>, and the web\u00adcast will be available at<a class=\"blue-orange\" href=\"https:\/\/www.hpe.com\/investor\/2019Q2Webcast\" rel=\"no-follow\">www.hpe.com\/investor\/2019Q2Webcast<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>About Hewlett Packard Enterprise<\/strong><\/h3>\n<p>Hew\u00adlett Packard Enter\u00adpri\u00adse is a glo\u00adbal tech\u00adno\u00adlo\u00adgy lea\u00adder focu\u00adsed on deve\u00adlo\u00adping intel\u00adli\u00adgent solu\u00adti\u00adons that allow cus\u00adto\u00admers to cap\u00adtu\u00adre, ana\u00adly\u00adze and act upon data seam\u00adless\u00adly from edge to cloud. <span class=\"caps\">HPE<\/span> enables cus\u00adto\u00admers to acce\u00adle\u00adra\u00adte busi\u00adness out\u00adco\u00admes by dri\u00adving new busi\u00adness models, crea\u00adting new cus\u00adto\u00admer and employee expe\u00adri\u00aden\u00adces, and incre\u00adasing ope\u00adra\u00adtio\u00adnal effi\u00adci\u00aden\u00adcy today and into the future.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>About Cray<\/strong><\/h3>\n<p>Cray Inc. (Nasdaq:<span class=\"caps\">CRAY<\/span>) com\u00adbi\u00adnes com\u00adpu\u00adta\u00adti\u00adon and crea\u00adti\u00advi\u00adty so visio\u00adna\u00adries can keep asking ques\u00adti\u00adons that chall\u00adenge the limits of pos\u00adsi\u00adbi\u00adli\u00adty. Dra\u00adwing on more than 45 years of expe\u00adri\u00adence, Cray deve\u00adlo\u00adps the world\u2019s most advan\u00adced super\u00adcom\u00adpu\u00adters, pushing the boun\u00adda\u00adries of per\u00adfor\u00admance, effi\u00adci\u00aden\u00adcy and sca\u00adla\u00adbi\u00adli\u00adty. Cray con\u00adti\u00adnues to inno\u00adva\u00adte today at the con\u00adver\u00adgence of data and dis\u00adco\u00advery, offe\u00adring a com\u00adpre\u00adhen\u00adsi\u00adve port\u00adfo\u00adlio of super\u00adcom\u00adpu\u00adters, high-per\u00adfor\u00admance sto\u00adrage, data ana\u00adly\u00adtics and arti\u00adfi\u00adci\u00adal intel\u00adli\u00adgence solu\u00adti\u00adons. Go to www.Cray.com for more information.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Additional Information and Where to Find&nbsp;It<\/strong><\/h3>\n<p>In con\u00adnec\u00adtion with the pro\u00adpo\u00adsed tran\u00adsac\u00adtion, Cray will file rele\u00advant mate\u00adri\u00adals with the <span class=\"caps\">SEC<\/span>, inclu\u00adding a preli\u00admi\u00adna\u00adry and defi\u00adni\u00adti\u00adve pro\u00adxy state\u00adment. Prompt\u00adly after fil\u00ading the defi\u00adni\u00adti\u00adve pro\u00adxy state\u00adment, Cray will mail the defi\u00adni\u00adti\u00adve pro\u00adxy state\u00adment and a pro\u00adxy card to the share\u00adhol\u00adders of Cray. <span class=\"caps\">CRAY<\/span> <span class=\"caps\">SHAREHOLDERS<\/span> <span class=\"caps\">ARE<\/span> <span class=\"caps\">URGED<\/span> <span class=\"caps\">TO<\/span> <span class=\"caps\">READ<\/span> <span class=\"caps\">THE<\/span> <span class=\"caps\">DEFINITIVE<\/span> <span class=\"caps\">PROXY<\/span> <span class=\"caps\">STATEMENT<\/span> (<span class=\"caps\">INCLUDING<\/span> <span class=\"caps\">ANY<\/span> <span class=\"caps\">AMENDMENTS<\/span> <span class=\"caps\">OR<\/span> <span class=\"caps\">SUPPLEMENTS<\/span> <span class=\"caps\">THERETO<\/span>) <span class=\"caps\">CAREFULLY<\/span> <span class=\"caps\">WHEN<\/span> <span class=\"caps\">IT<\/span> <span class=\"caps\">BECOMES<\/span> <span class=\"caps\">AVAILABLE<\/span> <span class=\"caps\">BEFORE<\/span> <span class=\"caps\">MAKING<\/span> <span class=\"caps\">ANY<\/span> <span class=\"caps\">VOTING<\/span> <span class=\"caps\">OR<\/span> <span class=\"caps\">INVESTMENT<\/span> <span class=\"caps\">DECISION<\/span> <span class=\"caps\">WITH<\/span> <span class=\"caps\">RESPECT<\/span> <span class=\"caps\">TO<\/span> <span class=\"caps\">THE<\/span> <span class=\"caps\">PROPOSED<\/span> <span class=\"caps\">TRANSACTION<\/span> <span class=\"caps\">BECAUSE<\/span> <span class=\"caps\">IT<\/span> <span class=\"caps\">WILL<\/span> <span class=\"caps\">CONTAIN<\/span> <span class=\"caps\">IMPORTANT<\/span> <span class=\"caps\">INFORMATION<\/span> <span class=\"caps\">ABOUT<\/span> <span class=\"caps\">THE<\/span> <span class=\"caps\">PROPOSED<\/span> <span class=\"caps\">TRANSACTION<\/span> <span class=\"caps\">AND<\/span> <span class=\"caps\">THE<\/span> <span class=\"caps\">PARTIES<\/span> <span class=\"caps\">TO<\/span> <span class=\"caps\">THE<\/span> <span class=\"caps\">PROPOSED<\/span> <span class=\"caps\">TRANSACTION<\/span>. Share\u00adhol\u00adders of Cray will be able to obtain a free copy of the\u00adse docu\u00adments, when they beco\u00adme available, at the web\u00adsite main\u00adtai\u00adned by the <span class=\"caps\">SEC<\/span> at&nbsp;<a class=\"blue-orange\" href=\"https:\/\/www.sec.gov\/\" rel=\"no-follow\">www.sec.gov<\/a>&nbsp;or free of char\u00adge at&nbsp;<a class=\"blue-orange\" href=\"https:\/\/www.cray.com\/\">www.cray.com<\/a>.<\/p>\n<p>Addi\u00adtio\u00adnal\u00adly, Cray will file other rele\u00advant mate\u00adri\u00adals in con\u00adnec\u00adtion with the pro\u00adpo\u00adsed acqui\u00adsi\u00adti\u00adon of Cray by <span class=\"caps\">HPE<\/span> pur\u00adsu\u00adant to the terms of an Agree\u00adment and Plan of Mer\u00adger by and among, <span class=\"caps\">HPE<\/span>, Cray Mer\u00adger Sub, Inc., a whol\u00adly owned sub\u00adsi\u00addia\u00adry of <span class=\"caps\">HPE<\/span>, and Cray. Cray and its direc\u00adtors, exe\u00adcu\u00adti\u00adve offi\u00adcers and other mem\u00adbers of its manage\u00adment and employees, under <span class=\"caps\">SEC<\/span> rules, may be dee\u00admed to be par\u00adti\u00adci\u00adpan\u00adts in the soli\u00adci\u00adta\u00adti\u00adon of pro\u00adxies of Cray share\u00adhol\u00adders in con\u00adnec\u00adtion with the pro\u00adpo\u00adsed tran\u00adsac\u00adtion. Infor\u00adma\u00adti\u00adon con\u00adcer\u00adning the inte\u00adrests of Cray\u2019s par\u00adti\u00adci\u00adpan\u00adts in the soli\u00adci\u00adta\u00adti\u00adon, which may, in some cases, be dif\u00adfe\u00adrent than tho\u00adse of Cray\u2019s share\u00adhol\u00adders gene\u00adral\u00adly, are available in Cray\u2019s pro\u00adxy state\u00adment for its 2019 annu\u00adal mee\u00adting of share\u00adhol\u00adders, which was filed with the <span class=\"caps\">SEC<\/span> on April 18, 2019. To the ext\u00adent hol\u00addings of secu\u00adri\u00adties by Cray\u2019s direc\u00adtors or exe\u00adcu\u00adti\u00adve offi\u00adcers have chan\u00adged sin\u00adce the amounts dis\u00adc\u00adlo\u00adsed Cray\u2019s respec\u00adti\u00adve pro\u00adxy state\u00adment, such chan\u00adges have been or will be reflec\u00adted on State\u00adments of Chan\u00adge in Owner\u00adship on Form 4 filed with the <span class=\"caps\">SEC<\/span>. Addi\u00adtio\u00adnal infor\u00adma\u00adti\u00adon regar\u00adding the\u00adse per\u00adsons and their inte\u00adrests in the pro\u00adpo\u00adsed tran\u00adsac\u00adtion will be set forth in the defi\u00adni\u00adti\u00adve pro\u00adxy state\u00adment rela\u00adting to the pro\u00adpo\u00adsed tran\u00adsac\u00adtion when it beco\u00admes available. The\u00adse docu\u00adments are available free of char\u00adge at the <span class=\"caps\">SEC<\/span>\u2019s web site at&nbsp;<a class=\"blue-orange\" href=\"https:\/\/www.sec.gov\/\" rel=\"no-follow\">www.sec.gov<\/a>&nbsp;or by going to Cray\u2019s web\u00adsite at&nbsp;<a class=\"blue-orange\" href=\"https:\/\/www.cray.com\/\">www.cray.com<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Forward-looking Statements<\/strong><\/h3>\n<p>This docu\u00adment con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments within the mea\u00adning of the safe har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. Such state\u00adments invol\u00adve risks, uncer\u00adtain\u00adties and assump\u00adti\u00adons. If such risks or uncer\u00adtain\u00adties mate\u00adria\u00adli\u00adze or such assump\u00adti\u00adons pro\u00adve incor\u00adrect, the results of <span class=\"caps\">HPE<\/span> and its con\u00adso\u00adli\u00adda\u00adted sub\u00adsi\u00addia\u00adries or of Cray could dif\u00adfer mate\u00adri\u00adal\u00adly from tho\u00adse expres\u00adsed or impli\u00aded by such for\u00adward-loo\u00adking state\u00adments and assump\u00adti\u00adons. All state\u00adments other than state\u00adments of his\u00adto\u00adri\u00adcal fact are state\u00adments that could be dee\u00admed for\u00adward-loo\u00adking state\u00adments, inclu\u00adding, but not limi\u00adt\u00aded to, any state\u00adments regar\u00adding the expec\u00adted bene\u00adfits and cos\u00adts of the tran\u00adsac\u00adtion con\u00adtem\u00adpla\u00adted by this docu\u00adment; the expec\u00adted timing of the com\u00adple\u00adti\u00adon of the tran\u00adsac\u00adtion; the abili\u00adty of <span class=\"caps\">HPE<\/span>, its sub\u00adsi\u00addia\u00adries and Cray to com\u00adple\u00adte the tran\u00adsac\u00adtion con\u00adside\u00adring the various con\u00addi\u00adti\u00adons to the tran\u00adsac\u00adtion, some of which are out\u00adside the par\u00adties\u2019 con\u00adtrol, inclu\u00adding tho\u00adse con\u00addi\u00adti\u00adons rela\u00adted to regu\u00adla\u00adto\u00adry appr\u00adovals; pro\u00adjec\u00adtions of reve\u00adnue, expen\u00adses, net ear\u00adnings, ope\u00adra\u00adting pro\u00adfit, cash flows, or other finan\u00adcial items; the expec\u00adta\u00adti\u00adon of the com\u00adbi\u00adned com\u00adpa\u00adny having the oppor\u00adtu\u00adni\u00adty to dri\u00adve the next gene\u00adra\u00adti\u00adon of high per\u00adfor\u00admance com\u00adpu\u00adting and play an important part in advan\u00adcing the way peo\u00adp\u00adle live and work; the expec\u00adted size of the <span class=\"caps\">HPC<\/span> seg\u00adment of the mar\u00adket and asso\u00adcia\u00adted sto\u00adrage and ser\u00advices in 2021; the oppor\u00adtu\u00adni\u00adty to bring tog\u00ade\u00adther Cray and <span class=\"caps\">HPE<\/span> to pro\u00advi\u00adde cus\u00adto\u00admers uni\u00adque super\u00adcom\u00adpu\u00adting tech\u00adno\u00adlo\u00adgy; the belief that the agree\u00adment maxi\u00admi\u00adzes Cray\u2019s value for its share\u00adhol\u00adders and the uni\u00adque combination\u2019s oppor\u00adtu\u00adni\u00adties for both employees and cus\u00adto\u00admers; the expec\u00adted streng\u00adthening of <span class=\"caps\">HPE<\/span>\u2019s port\u00adfo\u00adlio by lever\u00adaging Cray\u2019s solu\u00adti\u00adons; the expec\u00adta\u00adti\u00adons rela\u00adting to the com\u00adbi\u00adned company\u2019s reach to a broa\u00adder set of end mar\u00adkets; the expec\u00adta\u00adti\u00adons rela\u00adting to the com\u00adbi\u00adned company\u2019s enhan\u00adced oppor\u00adtu\u00adni\u00adties for growth and the inte\u00adgra\u00adted plat\u00adform to lead the Exas\u00adca\u00adle era of high per\u00adfor\u00admance com\u00adpu\u00adting; the expec\u00adta\u00adti\u00adon that the com\u00adbi\u00adned com\u00adpa\u00adny will deli\u00adver signi\u00adfi\u00adcant cus\u00adto\u00admer bene\u00adfits; the expec\u00adta\u00adti\u00adon that signi\u00adfi\u00adcant eco\u00adno\u00admic upsi\u00adde will be rea\u00adli\u00adzed from the com\u00adbi\u00adna\u00adti\u00adon; the expec\u00adta\u00adti\u00adon that the com\u00adbi\u00adned company\u2019s enhan\u00adced finan\u00adcial pro\u00adfi\u00adle; the expec\u00adta\u00adti\u00adon that the com\u00adbi\u00adned com\u00adpa\u00adny will dri\u00adve signi\u00adfi\u00adcant reve\u00adnue growth oppor\u00adtu\u00adni\u00adties; state\u00adments regar\u00adding the deli\u00advery of signi\u00adfi\u00adcant cost syn\u00ader\u00adgies to lower cos\u00adts and impro\u00adve pro\u00adduct per\u00adfor\u00admance; the expec\u00adta\u00adti\u00adon that the tran\u00adsac\u00adtion will be accre\u00adti\u00adve to <span class=\"caps\">HPE<\/span> non-GAAP ope\u00adra\u00adting pro\u00adfit and ear\u00adnings in the first full fis\u00adcal year fol\u00adlo\u00adwing clo\u00adse; <span class=\"caps\">HPE<\/span>\u2019s expec\u00adta\u00adti\u00adon to incur one-time inte\u00adgra\u00adti\u00adon cos\u00adts that will be absor\u00adbed into <span class=\"caps\">HPE<\/span>\u2019s <span class=\"caps\">FY20<\/span> free cash flow out\u00adlook of $1.<span class=\"caps\">9B<\/span> to $2.<span class=\"caps\">1B<\/span> that remains unch\u00adan\u00adged; the expec\u00adted clo\u00adsing timing; any state\u00adments con\u00adcer\u00adning the expec\u00adted deve\u00adlo\u00adp\u00adment, per\u00adfor\u00admance, mar\u00adket share or com\u00adpe\u00adti\u00adti\u00adve per\u00adfor\u00admance rela\u00adting to pro\u00adducts or ser\u00advices; any state\u00adments regar\u00adding cur\u00adrent or future macroe\u00adco\u00adno\u00admic trends or events and the impact of tho\u00adse trends and events on <span class=\"caps\">HPE<\/span> or Cray and such com\u00adpa\u00adnies\u2019 finan\u00adcial per\u00adfor\u00admance; any state\u00adments of expec\u00adta\u00adti\u00adon or belief; and any state\u00adments of assump\u00adti\u00adons under\u00adly\u00ading any of the fore\u00adgo\u00ading. Risks, uncer\u00adtain\u00adties and assump\u00adti\u00adons include the pos\u00adsi\u00adbi\u00adli\u00adty that expec\u00adted bene\u00adfits may not mate\u00adria\u00adli\u00adze as expec\u00adted; that the inte\u00adgra\u00adti\u00adon of the acqui\u00adsi\u00adti\u00adon post-clo\u00adsing may not occur as anti\u00adci\u00adpa\u00adted, and the com\u00adbi\u00adned com\u00adpa\u00adnies\u2019 abili\u00adty to achie\u00adve the growth pro\u00ads\u00adpects and syn\u00ader\u00adgies expec\u00adted from the tran\u00adsac\u00adtion, as well as delays, chal\u00adlenges and expen\u00adses asso\u00adcia\u00adted with inte\u00adgra\u00adting the com\u00adbi\u00adned com\u00adpa\u00adnies\u2019 exis\u00adting busi\u00adnesses may incur; that the tran\u00adsac\u00adtion may not be time\u00adly com\u00adple\u00adted, if at all; that, pri\u00ador to the com\u00adple\u00adti\u00adon of the tran\u00adsac\u00adtion, Cray\u2019s busi\u00adness may not per\u00adform as expec\u00adted due to tran\u00adsac\u00adtion-rela\u00adted uncer\u00adtain\u00adty or other fac\u00adtors; the effect of the announce\u00adment or pen\u00adden\u00adcy of the tran\u00adsac\u00adtion on Cray\u2019s busi\u00adness rela\u00adti\u00adonships, ope\u00adra\u00adting results, and busi\u00adness gene\u00adral\u00adly; that the par\u00adties are unable to suc\u00adcessful\u00adly imple\u00adment inte\u00adgra\u00adti\u00adon stra\u00adte\u00adgies; the need to address the many chal\u00adlenges facing Cray\u2019s and <span class=\"caps\">HPE<\/span>\u2019s busi\u00adnesses; the com\u00adpe\u00adti\u00adti\u00adve pres\u00adsu\u00adres faced by the busi\u00adnesses; risks asso\u00adcia\u00adted with exe\u00adcu\u00adting stra\u00adtegy; the impact of macroe\u00adco\u00adno\u00admic and geo\u00adpo\u00adli\u00adti\u00adcal trends and events; the deve\u00adlo\u00adp\u00adment and tran\u00adsi\u00adti\u00adon of new pro\u00adducts and ser\u00advices and the enhance\u00adment of exis\u00adting pro\u00adducts and ser\u00advices to meet cus\u00adto\u00admer needs and respond to emer\u00adging tech\u00adno\u00adlo\u00adgi\u00adcal trends and other risks that are descri\u00adbed in the <span class=\"caps\">SEC<\/span> reports of <span class=\"caps\">HPE<\/span> and Cray, inclu\u00adding but not limi\u00adt\u00aded to the risks descri\u00adbed in <span class=\"caps\">HPE<\/span>\u2019s Annu\u00adal Report on Form 10\u2011K for its fis\u00adcal year ended Octo\u00adber 31, 2018, and sub\u00adse\u00adquent quar\u00adter\u00adly reports on Form 10\u2011Q, Cray\u2019s Annu\u00adal Report on Form 10\u2011K for its fis\u00adcal year ended Decem\u00adber 31, 2018 and sub\u00adse\u00adquent quar\u00adter\u00adly reports on Form 10\u2011Q, and that are other\u00adwi\u00adse descri\u00adbed or updated from time to time in other filings with the <span class=\"caps\">SEC<\/span>. <span class=\"caps\">HPE<\/span> and Cray assu\u00adme no obli\u00adga\u00adti\u00adon and do not intend to update the\u00adse for\u00adward-loo\u00adking statements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Com\u00adbi\u00adned Com\u00adpa\u00adny Will Dri\u00adve Next Gene\u00adra\u00adti\u00adon of High Per\u00adfor\u00admance Com\u00adpu\u00adting San Jose, Calif., and Seat\u00adtle, Wash., May 17, 2019&nbsp;\u2014 Hew\u00adlett Packard Enter\u00adpri\u00adse (<span class=\"caps\">NYSE<\/span>:<span class=\"caps\">HPE<\/span>) and Cray Inc. (Nasdaq: <span class=\"caps\">CRAY<\/span>), a glo\u00adbal super\u00adcom\u00adpu\u00adter lea\u00adder, today announ\u00adced that the com\u00adpa\u00adnies have ente\u00adred into a defi\u00adni\u00adti\u00adve agree\u00adment under which <span class=\"caps\">HPE<\/span> will acqui\u00adre Cray for $35.00 per share in cash, (\u2026) <a class=\"moretag\" href=\"https:\/\/www.planet3dnow.de\/cms\/46631-hpe-to-acquire-supercomputing-leader-cray\/\">Wei\u00adter\u00adle\u00adsen&nbsp;\u00bb<\/a><\/p>\n","protected":false},"author":593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[1483,1344],"class_list":["post-46631","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","tag-cray","tag-hpe","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/46631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=46631"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/46631\/revisions"}],"predecessor-version":[{"id":46632,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/46631\/revisions\/46632"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=46631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=46631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=46631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}