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Cray Inc.

Cray Inc.
Public
Traded as NASDAQCRAY
S&P 600 Component
Founded 1972; 45 years ago (1972) as
Cray Research, Inc. (Current corporate entity founded in 1987; 30 years ago (1987) as Tera Computer Company.)
Founder Seymour Cray
Headquarters Seattle, Washington
United States
Key people
Peter J. Ungaro (CEO)
Products Supercomputers
Revenue IncreaseUS$ 724.7 million (2015)
Increase US$ 41.0 million (2015)
Decrease US$ 27.5 million (2015)
Total assets
  • Increase US$ 694.2 million (2015)
  • Increase US$ 651.4 million (2014)
  • Increase US$ 603.366 million (2013)
  • Increase US$ 510.314 million (2012)
Total equity Increase US$ 492.5 million (2015)
Owner Cray Inc.
Number of employees
1,282 (Dec 2015)
Website cray.com

Cray Inc. is an American supercomputer manufacturer headquartered in Seattle, Washington. It also manufactures systems for data storage and analytics. Several Cray supercomputer systems are listed in the TOP500, which ranks the most powerful supercomputers in the world. The number of Cray systems on the list varies from year to year.

Cray manufactures its products in Chippewa Falls, Wisconsin, where its founder, Seymour Cray, was born and raised. The company also has offices in St. Paul, Minnesota (the site of its original headquarters under Seymour Cray), and numerous other sales, service, engineering, and R&D locations around the world.

The company's predecessor, Cray Research, Inc. (CRI), was founded in 1972 by computer designer Seymour Cray. Seymour Cray went on to form the spin-off Cray Computer Corporation (CCC), in 1989, which went bankrupt in 1995, while Cray Research was bought by SGI the next year. Cray Inc. was formed in 2000 when Tera Computer Company purchased the Cray Research Inc. business from SGI and adopted the name of its acquisition.

Seymour Cray began working in the computing field in 1950 when he joined Engineering Research Associates (ERA) in Saint Paul, Minnesota. There, he helped to create the ERA 1103. ERA eventually became part of UNIVAC, and began to be phased out. He left the company in 1960, a few years after former ERA employees set up Control Data Corporation (CDC). He initially worked out of the CDC headquarters in Minneapolis, but grew upset by constant interruptions by managers. He eventually set up a lab at his home town in Chippewa Falls, Wisconsin, about 85 miles to the east. Cray had a string of successes at CDC, including the CDC 6600 and CDC 7600.


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