Cray News

In late 2011, I covered supercomputer maker Cray, Inc. , noting that its recent success had not been priced in by the markets.

Domark International Inc. announced today that management of its wholly-owned subsidiary Solawerks has finalized the packaging for their new "Solapad" product, confirming the schedule is currently on track for arrival in the US is in less than 18 days.

Last month semiconductor giant Intel announced its acquisition of Cray Inc's world-class interconnect personnel and intellectual property business for $140 million.

AXP +0.08% CRAY -1.19% PLX -1.02% KMB +0.82% ITW +0.53% CATM -0.21% CAR +1.89% According to GuruFocus Insider Data , the largest CFO sells during the past week were: American Express Co., Cray Inc., Protalix Biothr, Kimberly Clark, Ill Tool Works, Cardtronicks Inc.

SEATTLE, WA -- -- 05/02/12 -- Global supercomputer leader Cray Inc. today announced that it has completed the previously announced transaction to sell its interconnect hardware development program and related intellectual property to Intel Corporation for $140 million in cash.