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Company acquires PathScale intellectual property and assets

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Compiler technology company PathScale has acquired the PathScale assets from Cray. The company has announced that it plans to continue developing the EKOPath Compiler Suite, provide support for all users of the software and launch new products. It will also continue to contribute parts of the PathScale software to the open source community and will work towards building a strong community of developers, researchers and users.

‘Until this point we were a licensee of the technology and assets, but this purchase gives us full ownership and control,’ said Christopher Bergström, PathScale CTO. ‘It has taken over two years, but with hard work, great customers and a rebuilt engineering team we're now in a good position to go to the next level. I see us continuing to grow and aggressively develop technology which leverages heterogeneous environments and pushes performance on supercomputers.’

Peter Ungaro, president and CEO of Cray, added: ‘In 2009, we purchased the PathScale compiler assets and forged a partnership with Christopher and his team to provide a smooth transition for Cray customers and the PathScale community as a whole. This is a great next step for PathScale and for our customers who run the EKOPath compiler, as I’m confident they will continue to receive excellent support now and into the future. We wish PathScale all the best in building its business and continuing to bring new and innovative compiler technologies to the market for our customers.’

Financial terms of the deal were not disclosed.