Hewlett-Packard Enterpriser acquires SGI for $275 million

It is reported that Hewlett-Packard Enterprise announced to acquire SGI for $275 million on Thursday. HPE claimed that this acquisition would be accomplished in Q1 2017 if it is approved by regulators.

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HPE has been splitting  some unwanted business sections in past months. For example, it sold the controlling interest of Mphasis for $825 million in April. Its IT service was split off in May and integrated to Computer Sciences as a new associated enterprise.

It was rumored in July that HPE would sell a software department of Autonomy to private equity. It even rumored some private equities would acquire the whole HPE.

As far as it concerned, HPE seemed to promote its data analysis business and super computer system by acquiring SGI. Antonio Neri claimed:”SGI has innovative technology and service, inducing the first-class huge data analysis and high performance computing solution. It offers the supplements of mature data center solutions.”

SGI was established in 1981 and named Silicon Graphics, Inc.. In the past years, lots of SGI former employees sought jobs in other large-scale technology companies, such as Intel, NIVIDA and Cray.

SGI has facing pressure from Sun Microsystems. It applied bankruptcy protection in 2009 and sold its business to Rackable Systems. Rackable Systems then integrated SGI technology to its product lines and renamed it as “SGI”.

HPE has great interest in in-memory super computer of SGI. Such UV super computer must be applied with IMDB. IMDB increases data processing speed which is suitable for data analysis. May SGI brings new breakthroughs for HPE business.

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