Cray Inc was incorporated in the State of Washington in December 1987 under the name Tera Computer Company. The company changed its corporate name to Cray Inc. in connection with its acquisition of the Cray Research, Inc. or Cray Research, operating assets from Silicon Graphics, Inc. in 2000. The Company also provides software, system maintenance and support services and engineering services related to supercomputer systems and its storage and data analytics solutions. Its customers include domestic and foreign government and government-funded entities, academic institutions and commercial entities. The Company's reportable segments are Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Others. It provides customer-focused solutions based on three models: tightly integrated supercomputing and/or storage solutions, complete with tuned software, that stress capability, scalability, sustained performance and reliability at scale; flexible commodity-based 'cluster' supercomputing and storage solutions based upon utilizing breed components and working with its customers to define solutions that meet specific needs; and integrated data analytics solutions that combine industry standard tools for large-scale analytics with graph analysis tools. The Company's geographic operations outside the United States include sales and service offices in Europe and the Middle East, South America, Asia Pacific and Canada. The Company competes with IBM, Hewlett-Packard, or HP, Lenovo, Dell, NEC, Hitachi, Fujitsu, Silicon Graphics International, or SGI, and Atos SE, or Atos.
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