SEATTLE, WA and READING, UNITED KINGDOM — (Marketwired) — 11/01/13 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced a significant expansion to its research and development (R&D) team in Europe with the addition of key individuals from Gnodal Limited. Based in Bristol, England, prior to entering administration, Gnodal Limited was a recognized leader in high performance networks.
Through the agreement with the administrators of Gnodal Limited, Cray hired the vast majority of the company-s employees and has subsequently more than doubled the size of Cray-s R&D team in Europe. Further, Cray purchased the key intellectual property developed by the Gnodal team. The move strengthens Cray-s R&D presence in Europe, while adding highly-skilled engineers and intellectual property to help drive Cray-s future systems and complete ongoing R&D contracts.
“We are very excited that the founders and key engineers at Gnodal have decided to join Cray as part of our global R&D team,” said Dr. Ulla Thiel, Cray vice president, Europe. “Since the launch of the Cray Exascale Research Initiative in Europe in 2009, Cray has steadily expanded its R&D base in Europe. Today we have highly-talented software developers at the Cray Europe Exascale Center and at several Cray Centers of Excellence across Europe, and we are now adding significant hardware and software development to our activities in Europe.”
Over the past 12 months, Cray has announced several major supercomputing wins in Europe, with large Cray® XC30 supercomputers for , , the hosted by the University of Edinburgh, the , and two systems in Berlin and Hannover for the .
Cray-s purchase from Gnodal Limited was limited to the assignment of certain intellectual property rights including patents and design copyrights. In turn, Cray hired the vast majority of Gnodal Limited-s employees, who will now be working at Cray to develop new technology. Cray did not purchase the ongoing business operations of Gnodal Limited, nor any of its stock in trade or accounts.
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 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 for more information.
Cray is a registered trademark of Cray Inc. in the United States and other countries, and Cray® XC30 is a trademark of Cray Inc.
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