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Intel (INTC) has acquired assets related to Cray's (CRAY) high-performance computer...
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Tuesday, April 24, 2012, 5:29 PM ETIntel (INTC) has acquired assets related to Cray's (CRAY) high-performance computer (HPC) interconnect program, including IP and personnel. Intel will integrate the technology with its Xeon server CPU platforms, such as Romley. The move comes 3 months after Intel bought QLogic's InfiniBand hardware business - those products are often used in HPC applications. CRAY +23.4% AH. (PR)
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$60.00 by 2013.