Cray Takes Aim at Fast-Growing HPC Storage Market With Completion of Strategic Transaction of Seagate’s ClusterStor Storage...
September 25 2017 - 04:05PM
Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced
it has completed the previously announced transaction and strategic
partnership with Seagate centered around the addition of the
ClusterStorTM high-performance storage business.
With the strategic transaction now complete, Cray will continue
to sell, support, develop, manufacture, and test ClusterStor
storage solutions with Lustre®, including the ClusterStor L300, the
next-generation ClusterStor L300N and the ClusterStor SL220.
“Storage is the fastest-growing part of the expanding HPC market
and Cray is positioned to be an even more important player in the
storage market,” said Steve Conway, senior vice president of
research at Hyperion Research. “As a pioneer in providing
large-scale storage systems for supercomputers, it’s fitting that
Cray will take over the ClusterStor line.”
Cray will also continue to provide support for the ClusterStor
product line for existing customers and will collaborate with
Seagate to integrate future Seagate technologies into Cray storage
products.
“We are working to provide customers and partners with a
seamless transition of the ClusterStor storage business to Cray,”
said Peter Ungaro, president and CEO of Cray. “With the constant
growth of data and the need to move it quickly for data-intensive
simulations and artificial intelligence models, the addition of the
ClusterStor line enhances an important piece of our product
portfolio. With the transition complete, ClusterStor customers and
partners will be able to get purpose-built high-performance storage
systems with industry-leading price/performance that are designed,
manufactured, and supported by Cray and our partners.”
Cray will offer service and support for the more than 20
ClusterStor partners and resellers by incorporating a comprehensive
service toolkit, shorter escalation path to development, and a
single knowledge base.
“As a long-time customer of Cray and Seagate storage
systems, who are committed to the development of
extreme-scale computing, we are thrilled to see Cray continue the
development of this product,” said Prof. Dr. Thomas C.
Schulthess, director of the Swiss National Supercomputing Centre
(CSCS). “The addition of ClusterStor is a logical next step for
Cray and our researchers and scientists will clearly benefit from
this enhancement.”
The advantage of Cray’s ClusterStor line is its ability to
make HPC storage systems simpler. ClusterStor is designed
to reduce the complexity in the storage system to enable seamless
system design, easy installation, workload management, data flow,
scalability, system efficiency, and faster time to results.
ClusterStor systems balance the value equation to achieve the right
performance levels, scalability, and availability, all at the right
budget.
“This move by Cray not only shows a commitment to the success of
the ClusterStor storage systems, but also shows Cray’s commitment
to the broader success of Lustre technology for HPC,” said Sarp
Oral, president of OpenSFS. “For the Lustre community, we believe
this transaction will benefit users by increasing engagement.”
“The Lustre-based ClusterStor storage solutions enhance Cray’s
portfolio to provide its customers end-to-end
solutions,” said Amita Potnis, research manager, IDC,
Inc. “As data sprawl continues, customers can leverage ClusterStor
storage solutions to gain insights through machine learning and
artificial intelligence across many industries.”
Cray has added more than 125 employees and contractors and has
assumed customer support obligations associated with the
ClusterStor product line. The agreement was previously announced on
July 26, 2017.
About Cray Inc.Global supercomputing leader
Cray Inc. (Nasdaq:CRAY) provides innovative systems and solutions
enabling scientists and engineers in industry, academia and
government to meet existing and future simulation and analytics
challenges. Leveraging more than 40 years of experience in
developing and servicing the world’s most advanced supercomputers,
Cray offers a comprehensive portfolio of supercomputers and big
data storage and analytics solutions delivering unrivaled
performance, efficiency and scalability. Cray’s Adaptive
Supercomputing vision is focused on delivering innovative
next-generation products that integrate diverse processing
technologies into a unified architecture, allowing customers to
meet the market’s continued demand for realized performance. Go to
www.cray.com for more information.
Safe Harbor StatementThis press release
contains forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934 and Section 27A of the
Securities Act of 1933, including, but not limited to, statements
related to the expected benefits of the transaction and
partnership, the extent of the collaboration between the Company
and Seagate and the Company’s ability to expand its product
offerings and drive growth with this transaction. These statements
involve current expectations, forecasts of future events and other
statements that are not historical facts. Inaccurate assumptions
and known and unknown risks and uncertainties can affect the
accuracy of forward-looking statements and cause actual results to
differ materially from those anticipated by these forward-looking
statements. Factors that could affect actual future events or
results include, but are not limited to, the risk that Cray is not
able to realize the expected benefits of the transaction and
partnership, the risk that Cray is not able to expand its
addressable market and drive growth as a result of this transaction
as expected or at all, the risk that the Company and Seagate do not
collaborate as extensively as planned and such other risks as
identified in the Company’s quarterly report on Form 10-Q for the
quarter ended June 30, 2017, and from time to time in other reports
filed by Cray with the U.S. Securities and Exchange Commission. You
should not rely unduly on these forward-looking statements, which
apply only as of the date of this release. Cray undertakes no duty
to publicly announce or report revisions to these statements as new
information becomes available that may change the Company’s
expectations.
Cray and the stylized CRAY mark are registered trademarks of
Cray Inc. in the United States and other countries, and ClusterStor
is a trademark of Cray Inc. Other product and service names
mentioned herein are the trademarks of their respective owners.
Cray Media:Juliet McGinnis206/701-2152jmcginnis@cray.com
Cray Investors:Paul Hiemstra206/701-2044ir@cray.com
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