Tera Computer Co., the Seattlebased supercomputer company, announced last week it is acquiring the Cray supercomputer business unit from Silicon Graphics Inc. for an undisclosed price.
Tera buys supercomputer line
Tera Computer Co., the Seattle-based supercomputer company, announced
last week it is acquiring the Cray supercomputer business unit from Silicon
Graphics Inc. for an undisclosed price.
Under the terms of the sale, which must be completed within 60 days,
Tera will acquire SGI's Cray supercomputer product line.
Tera president Jim Rottsolk said the purchase will give the company
"the world's foremost supercomputing technology, R&D manufacturing,
sales and service capabilities.
Cray, which makes some of the fastest supercomputers
in the world, has substantial business with federal agencies, including
the Defense Department, the National Oceanic and Atmospheric Administration
and NASA.
Changing of the guard
On the industry side of the federal IT scene, Gary Newgaard, vice president
of sales and marketing at Compaq Computer Corp.'s federal division, announced
last week he would resign effective March 10. Newgaard has been with Compaq
for 15 years. Those close to Newgaard said he was in negotiations with several
companies and had not decided where he will be going.
Feds, telecom vendors to team
The Commerce Department last week announced the Wireless Innovations
in Communications Initiative, a plan to bring together federal and private-
sector communications managers to discuss how the latest wireless technology
could be applied to solve federal telecommunications requirements.
The effort will expose agencies to the latest technologies and allow
the Clinton administration to promote new products and services. The program
will review various wireless technologies, including mobile technologies,
radar, navigation technologies and satellites.
NEXT STORY: Political conventions get wired, too