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HPE aims for a big-data boost with $275 million SGI buy
Hewlett Packard Enterprise is buying SGI in a $275 million deal that it hopes will give it a major boost in big-data analytics and high-performance computing.It's the latest surprise development at HPE, which has continued to make big changes since it was formed in the break-up of the old Hewlett-Packard last year.The deal to buy SGI, announced Thursday, fits with HPE's goal to expand its data analytics business. It will also make HPE a bigger player in high performance computing, a growing part of the server market. SGI has roughly 1,100 employees worldwide. On Thursday, it reported a net loss for its last fiscal year of $11 million, on revenue of $533 million.To read this article in full or to leave a comment, please click here


They lose MPLS money, but gain more revenues, anyway.