Market Overview

Cray Agrees to Sell Interconnect Hardware Assets to Intel for $140M


Cray Inc. (NASDAQ: CRAY) today announced it signed a definitive agreement to sell its interconnect hardware development program and related intellectual property to Intel Corporation (NASDAQ: INTC) for $140 million in cash.

Posted-In: News Asset Sales


Related Articles (CRAY + INTC)

View Comments and Join the Discussion!

Partner Center