|I'm still wondering how this one went through(CRAY) the justice dept. HPE does a a lot of business with China. This on Matters of national security (Supercomputers).|
Hewlett Packard Enterprise (HPE) Completes Acquisition of Cray (CRAY) September 25, 2019 8:02 AM EDT Hewlett Packard Enterprise (NYSE: HPE) today announced it has completed the acquisition of supercomputing leader Cray Inc..
|To: richardred who wrote (5222)||5/17/2019 11:05:19 AM|
|From: richardred|| of 5560|
|RE-CRAY It will be interesting to watch the regulatory approval process since HPE does business with China. This in light of matters of national security(Huawei) that have come under scrutiny. IMO a perfect example of a TO where IP and where their going forward might be the main reason? Hopefully ENZ fits that bill to only in labs business. |
|To: richardred who wrote (3254)||4/3/2013 6:17:20 AM|
|From: richardred|| Read Replies (1) of 5222|
|RE:XRTX CEO Barber just resigned. Stock might not be to receptive at first. |
Case in point OMPI which I owned before the merger announcement. It struggled at first, but the major shareholder eventually force the sale of the company. The controlling shareholder is not going to see their investment be beaten up for long. I believe that's why Barber left. He was not for the sale of the company. Cray makes more sense now than ever. The just appointed a new director. IMO hypothetically a more likely stock deal than cash deal. I'm sure Cray doesn't want the whole company, but that's what investment bankers are for.
Cray stock has held up well in what might be considered a disappointing last quarter. IMO Cray As with XRTX. It's not where they are now. It's where their going to be, going forward. Just a guess!
|To: richardred who wrote (3148)||12/23/2013 9:34:48 AM|
|From: richardred|| of 5223|
|Bullseye today in XRTX-Christmas Gift If completed. This makes 5 successful takeout picks this year. IMO a good chance for a higher bid.|
Seagate to buy Xyratex for $374 mln
Dec 23 (Reuters) - Hard-disk drive maker Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million in cash.
Seagate's offer of $13.25 per share is at a premium of 27 percent to Xyratex's closing price on Friday.