Intel has agreed to buy specific HPC interconnect assets from server company Cray. Intel will get access to Cray's "interconnect personnel and intellectual property" with the agreement, Intel said. The technology and expertise will help Intel build its high-performance computing portfolio as it looks to scale performance on servers, Intel said.
Intel will pay US$140 million (€106 million) for Cray's assets, Cray said. As part of the deal, 74 Cray employees will join Intel. Cray has made a name for itself as a supercomputer company. The company's XT5-HE supercomputer - also called Jaguar - at the Oak Ridge National Laboratory in Tennessee is the third-fastest supercomputer in the world, according to the Top500 list of fastest supercomputers issued in November.
Source: Tech Central