Plus   Neg

Hewlett Packard Enterprise In Advanced Talks To Buy Cray: Bloomberg

Hewlett Packard Enterprise Co (HPE) is in advanced talks to buy supercomputer maker Cray Inc, the Bloomberg reported, citing people with knowledge of the matter.

The report specified that the deal could be announced as soon as this week, adding that no final agreements have been reached and it could still be delayed.

HPE spokeswoman declined to comment and Cray was not immediately available for comment after U.S. market hours.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A survey has shown that while a majority of Americans want to buy a car that contributes substantially to the U.S. economy amid rising trade tensions, most of the "American-made" cars are actually produced by foreign automakers. According to Cars.com's 2019 American-Made Index, the most 'American-made' vehicle in 2019 is the Jeep Cherokee. Streaming giant Netflix Inc. (NFXL) is set to lose the right to stream "The Office," one of the most popular TV show on the service. NBC Universal announced it is taking back the popular TV show for its own streaming platform, beginning January 2021. "We're sad that NBC has decided to take The... Chinese smartphone maker Xiaomi has announced that its recently launched Mi Band 4 crossed 1 million units sales in just eight days. Xiaomi's Director of Product Management Donovan Sung tweeted this news as he thanked Mi fans for the achievement. "Sharing some great news with our global Mi Fans....
Follow RTT