Cray decides: no partner for computer
Article Abstract:
Cray Research Corp decides not to enter a partnership for its research into massively parallel computing. An effort by Cray is needed because the scientific community is moving fast toward massive parallelism, which involves chaining hundreds or thousands of microprocessors together. Cray Research's computers traditionally are built around a few fast processors. Massive parallelism breaks problems into small parts and handles them together, but Cray Research's computers traditionally handle problems in a step-by-step fashion, depending on speed. It had been reported that Cray was negotiating a partnership with parallel computer maker Bolt Baranek & Newman (Cambridge, MA). Cray Chmn John A. Rollwagen releases a memo telling his company's employees that Cray is not joining with another company, but instead plans to speed up its own development program. The company hopes to deliver a massively parallel system by 1993.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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Cray Research names executive as president
Article Abstract:
Cray Research Inc appoints John F. Carlson president, replacing John A. Rollwagen. Carlson was formerly chief financial officer and hopes to rejuvenate the company's growth by entering the parallel computer market. Rollwagen will act as chairman, focusing on such business areas as strategic alliances, customer relations and high-performance computer initiatives in the US and Europe. Cray Research split into two companies in 1989 when Seymour R. Cray left and founded the Cray Computer Company. Cray Research represents the biggest supercomputer manufacturer in the US. Cray Research hopes to compete with startup scientific computer companies including Ncube, Intel Scientific, Thinking Machines Inc and Masspar, which all produce massively parallel computers. Cray Research anticipates six percent to eight percent growth in revenues and earnings during 1991.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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Cray Research plans to cut work force by 400
Article Abstract:
Advanced automated manufacturing technology is the primary reason cited by Cray Research for its decision to lay off 17 percent of its manufacturing workers. The 400 employees that will be affected make up about seven percent of Cray's total work force of 5,400. Cray, which has been under competitive pressure from Japanese computer firms, IBM and mini-supercomputer manufacturers, said that its Y-MP supercomputer has fewer parts than previous models and that, as a consequence, manual assembly steps have been drastically reduced. The company also said that its split with founder Seymour Cray has reduced its product line from three to one.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1989
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