Sectors » Financial Services

Mellanox Completes Acquisition of EZchip

Feb 23, 2016 |

SUNNYVALE, Calif. & YOKNEAM, Israel, Feb. 23 — Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, today announced that it completed the acquisition of EZchip (NASDAQ: EZCH; TASE: EZCH), a leader in high-performance processing solutions for carrier and data center networks, at a total purchase price of Read more…

DOE Announces First ‘HPC for Manufacturing’ Industry Partnerships

Feb 18, 2016 |

Feb. 18 — The U.S. Department of Energy (DOE) has announced $3 million for 10 new projects that will enable private-sector companies to use high-performance computing resources at DOE’s national laboratories to tackle major manufacturing challenges. The awards are part of DOE’s High-Performance Computing for Manufacturing (HPC4Mfg) program, which was rolled out last year. The announcement Read more…

NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2016

Feb 18, 2016 |

SANTA CLARA, Calif., Feb. 18 — NVIDIA (NASDAQ: NVDA) has reported record revenue for the fourth quarter ended January 31, 2016, of $1.40 billion, up 12 percent from $1.25 billion a year earlier, and up 7 percent from $1.30 billion in the previous quarter. Revenue for fiscal 2016 was a record $5.01 billion, up 7 percent from $4.68 billion Read more…

Cray Reports 2015 Full Year and Fourth Quarter Financial Results

Feb 12, 2016 |

SEATTLE, Wash., Feb. 12 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) has announced financial results for the year and fourth quarter ended December 31, 2015. For 2015, Cray reported total revenue of $724.7 million, which compares with $561.6 million for 2014. Net income for 2015 was $27.5 million, or $0.68 per diluted share, compared to $62.3 million, or $1.54 per diluted share for 2014. Net income results Read more…

Nor-Tech Reports Record Sales of HPC Clusters for CAE Modeling

Feb 11, 2016 |

Feb. 11 — Nor-Tech is reporting record sales of HPC clusters for CAE modeling. Among the reasons is Nor-Tech’s Demo Cluster, which gives organizations the ability to first test their simulation software on a cluster; and design innovations that bring the cost within reach of many organizations without compromising performance or quality. The HPC software Read more…

SGI Announces Investor Conference Call to Discuss HPE OEM Deal

Feb 9, 2016 |

MILPITAS, Calif., Feb. 9 — SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics, and data management, today announced that SGI management will host a conference call for investors to discuss a new OEM agreement on Tuesday, February 9, 2016 at 6:15 AM PT. The conference call can be accessed by dialing (888) Read more…

PSC Receives $1.8 Million NIH Grant

Feb 4, 2016 |

Feb. 4 — A $1.8-million National Institutes of Health grant to the Pittsburgh Supercomputing Center (PSC) will make a next-generation Anton 2 supercomputer developed by D. E. Shaw Research (DESRES) available to the biomedical research community. A specialized system for modeling the function and dynamics of biomolecules, the Anton 2 machine at PSC will be Read more…

Create Mixed HPC/Big Data Clusters Today Says Bright Computing

Feb 3, 2016 |

The latest version of convergence – blending traditional HPC and big data computing into a ‘single’ environment – dominates much of the conversation in the HPC today, including within HPCwire. Elegant unified solutions, certainly at the very high end, are still in the making. That said, Bright Computing is in the thick of efforts to Read more…

Lenovo Reports Strong Third Quarter Performance

Feb 3, 2016 |

HONG KONG, China, Feb. 3 — Lenovo Group has announced results for its third fiscal quarter ended December 31, 2015. Quarterly revenue was US$12.9 billion, an 8 percent year-over-year decrease, or 2 percent year-over-year in constant currency. Third quarter pre-tax income, excluding non-cash, M&A related accounting charges of US$77 million, was US$397 million, while reported pre-tax income Read more…

NCSA Awarded Grant to Examine Effective Practices in Industrial HPC

Feb 1, 2016 |

Feb. 1 — Being a principal investigator for a $300,000 National Science Foundation (NSF) award to evaluate and share practices in partnerships between high performance computing (HPC) and industry was not on Merle Giles’ radar before he started working with NCSA. “My background is business—it’s not technology and it’s not science. My previous lives were not in Read more…

Seagate Reports Fiscal Second Quarter 2016 Financial Results

Jan 29, 2016 |

CUPERTINO, Calif., Jan. 29 — Seagate Technology plc (NASDAQ: STX) today reported financial results for the second quarter of fiscal year 2016 ended January 1, 2016. For the second quarter, the Company reported revenue of approximately $3.0 billion, gross margin of 24.8%, net income of $165 million and diluted earnings per share of $0.55. On a Read more…

Supermicro Announces Second Quarter 2016 Financial Results

Jan 29, 2016 |

SAN JOSE, Calif., Jan. 29 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, has announced second quarter fiscal 2016 financial results for the quarter ended December 31, 2015. Fiscal 2nd Quarter Highlights Quarterly net sales of $639.0 million, up 23.0% from the first quarter of fiscal Read more…

Fujitsu Reports 2015 Third Quarter Financial Results

Jan 29, 2016 |

TOKYO, Japan, Jan. 29 — Fujitsu today reported profit for the period attributable to owners of the parent of 5.2 billion yen, representing a deterioration of 22.3 billion yen from the third quarter of fiscal 2014. Consolidated revenue for the third quarter of fiscal 2015 was 1,166.9 billion yen, essentially unchanged from the third quarter Read more…

Cray to Report 2015 Full Year and Fourth Quarter Financial Results on February 11

Jan 29, 2016 |

SEATTLE, Wash., Jan. 29 — Global supercomputer leader Cray Inc. (Nasdaq: CRAY) plans to host an investor conference call on Thursday, February 11 at 1:30 p.m. PT (4:30 p.m. ET) to discuss its 2015 full year and fourth quarter financial results. The call will feature a discussion by senior management followed by a question and answer session. Conference Call Information To Read more…

SanDisk Reports Fourth Quarter and Fiscal 2015 Results

Jan 28, 2016 |

MILPITAS, Calif., Jan. 28 — SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced results for the fourth quarter and fiscal 2015 ended January 3, 2016.  Fourth quarter revenue of $1.54 billion decreased 11 percent on a year-over-year basis and increased 6 percent sequentially.  Annual revenue for 2015 was $5.56 billion, a decrease of Read more…

SGI Reports Fiscal Second Quarter 2016 Financial Results

Jan 27, 2016 |

MILPITAS, Calif., Jan. 27 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics and data management, today reported financial results for its fiscal second quarter ended December 25, 2015. The data in this release is presented on both a GAAP and non-GAAP basis and a reconciliation of GAAP to Read more…

Mellanox Achieves Record Quarterly and Annual Revenue

Jan 27, 2016 |

SUNNYVALE, Calif. & YOKNEAM, Israel, Jan. 27 — Mellanox Technologies, Ltd. (NASDAQ: MLNX) today announced financial results for its fourth quarter and fiscal year ended December 31, 2015. “We are pleased to achieve record quarterly and annual revenues. Our profitability grew 2.4 times year-over-year with operating income representing 21.3% of revenues. We are proud to grow our annual net Read more…

PNNL Awarded $3M for New Projects

Jan 25, 2016 |

Jan. 25 — Say you have a great new theory or technology to improve the nation’s energy backbone — the electric grid. Wouldn’t it be great to test it against a model complete with details that would tell you how your ideas would work? But it’s a challenge, because existing sets of data are too Read more…

IBM Reports 2015 Fourth Quarter and Full Year Results

Jan 20, 2016 |

ARMONK, N.Y., Jan. 20 — IBM (NYSE: IBM) today announced fourth-quarter 2015 diluted earnings from continuing operations of $4.59 per share, down 17 percent year-to-year.  Operating (non-GAAP) diluted earnings from continuing operations were $4.84 per share, compared with operating diluted earnings of $5.81 per share in the fourth quarter of 2014, down 17 percent.  The prior-year Read more…

AMD Reports 2015 Fourth Quarter and Annual Results

Jan 20, 2016 |

SUNNYVALE, Calif., Jan. 20 — AMD (NASDAQ: AMD) has announced revenue for the fourth quarter of 2015 of $958 million, operating loss of $49 million and net loss of $102 million, or $0.13 per share. Non-GAAP operating loss was $39 million, non-GAAP net loss was $79 million and non-GAAP loss per share was $0.10. “AMD closed 2015 with Read more…