Cray - M&A Summary, Ownership, and Business Overview

Technology HardwareCompany

Cray M&A Summary

Cray has acquired 2 companies of its own.

Cray’s largest acquisition to date was in 2004, when it acquired OctigaBay Systems for $115M. Cray has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include technology hardware (100%).

Cray Ownership

Who owns Cray?

Cray is owned by Hewlett Packard Enterprise. It was acquired on May 17, 2019.

Cray Business Overview

Where is Cray headquartered?

Cray is headquartered in Seattle, Washington.

What is Cray’s revenue?

Cray disclosed revenue of 456M USD for 2018 and 393M USD for 2017.

How many employees does Cray have?

Cray has 1,282 employees.

What sector is Cray in?

Cray is a technology hardware company.

When was Cray founded?

Cray was founded in 1987.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 2

Cray, Inc.

901 Fifth Avenue, Suite 1000,
Seattle, Washington 98164
United States,
(206) 701-2000
www.cray.com

Cray, Inc. is a designer, developer, manufacturer, marketer and servicer of supercomputers and storage systems. Cray also provides software, system maintenance, and support services and engineering services related to supercomputer systems. Cray's customers include domestic and foreign government and government-funded entities, academic institutions and commercial entities. Cray, Inc. was formed in 1987 and is based in Seattle, Washington.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $140M $140M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Appro International, Inc. 2012-11-09 25M USD Add-on Acquisition
Seattle, Washington
OctigaBay Systems Corp. 2004-02-25 115M USD Add-on Acquisition
Kanata, Ontario
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Technology Hardware 2 (100%) 140M (100%) - -
Total 2 $140M - -

By Geo

State/Country Buy Value Sell Value
Canada 1 115M - -
  Ontario 1 115M - -
United States 1 25M - -
  Washington 1 25M - -
Domestic 1 (50%) 25M (18%) - -
Cross-border 1 (50%) 115M (82%) - -
Total 2 $140M - -

Deal Values

buy # Total
$100M to $1B 1 $115M
< $100M 1 $25M
TOTAL $140M
Largest OctigaBay Systems Corp.
$115M (2004-02-25)

Company Summary

SECTOR

Technology Hardware

Revenue

456   17% 2018
393   38% 2017
630   13% 2016
724   30% 2015
561   7% 2014
525   25% 2013
421   2012
(millions of USD) Show More Show Less

Employees

1,282

Established

1987

Former Name

Tera Computer Co.

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