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NEC to pump $25 mln in Cray (NIPNY, CRAY) by Allen Wan

Japan`s largest personal computer maker NEC Corp announced Wednesday it has reached an agreement with U.S.
supercomputer maker Cray that will enable NEC to market its supercomputers in North America. As part of the deal,
NEC will invest $25 million in Cray`s non-voting preferred stock. Cray will have exclusive rights to distribute NEC`s SX-5
series supercomputers in North America and non-exclusive rights in other parts of the world. In order for this deal to go
ahead, Cray will recommend that the government stop blocking the sale of NEC supercomputers under a 1997
antidumping ruling.
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aus der Diskussion: == SPATIALIZER == SPAZ == 892725 == im Jahr 2001 == die dritte ==
Autor (Datum des Eintrages): andy@spazy  (28.02.01 10:51:21)
Beitrag: 83 von 344 (ID:2997741)
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