Bull acquisition raises stake in German HPC market | | 2008-10-09 | | | In an undisclosed deal, Bull has acquired the German IT infrastructure specialists, science + computing ag (s+c). The deal continues Bull’s repositioning as a major player in the HPC market.Bull CEO Didier Lamouche said of the deal "The acquisition of s+c is one of the most important investments the company has made since 2005 supporting its strategic repositioning. The combination of Bull and s+c will create a powerhouse in the European HPC landscape. s+c will bring its experience in HPC solutions and services for customers in the manufacturing sector, and will contribute to expand Bull’s offering towards infrastructure services. Coming on the back of our recent selection as prime contractor for the 200-Teraflop supercomputer for the Jülich research centre, this acquisition also provides the Group with a significant foothold in the key German market"Stuttgart based s+c employs over 200 experts in HPC and technical computing with major infrastructure projects in the automotive an aeronautical industries. The company will maintain its operational independence, as well as its own management team, while at the same time benefiting from financial and industrial synergies with Bull. | |
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