Cloud Computing: Hewlett Packard Enterprise Just Spent Millions on This Supercomputer Maker
Grazed from Fortune. Author: Jonathan Vanian.
It’s all about the data. Hewlett Packard Enterprise isn’t slimming today. The business technology giant said Thursday that it will buy computing hardware maker SGI for roughly $275 million. HPE said the deal should close in the first quarter of its fiscal 2017 as long as regulators approve it.
For the past several months, HPE has been slicing off chunks of its business it no longer wants, like a majority stake in the Indian outsourcing subsidiary Mphasis it sold for $825 million in April, and an IT services business group it spun out and merged with Computer Sciences in May to form a new joint venture…


This week, Google announced that it is lowering prices on its preemptible virtual machines (VMs) to help businesses gain even more affordable options within the Google Compute Engine. Although the market rate for using Google Compute Engine is by many measures already a fair price, it still may not be practical for some smaller organizations.