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Bull Acquires New Biz Unit, Sells Another

Bull has announced that it has acquired German high performance computing company ‘Science+Computing AG‘.  Science+Computing has been especially strong with the automotive and aeronautical customers.  They’ve previously done business with the likes of Audi, BMW, Bosch, Daimler and Porsche.  The move marks another important investment by Bull to further its push into high performance computing.  With the help of this acquisition, Bull hopes to become one of the HPC leaders in Europe.  The acquisition includes 270 employees which created a revenue of 26 million euros last year.

On the other end of the spectrum, Bull is selling its Medicaid solutions business to Ingenix.  The niche business is a bit outside the current company focus.  Ingenix is a large, US enterprise, so it will be better positioned to utilize the assets.

For more info on the deals, read the full article here.

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