Is Europe the future of HPC innovation?

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As American HPC companies drop like flies (SiCortex, SGI, Sun, and infrastructure makers like Woven and Quadrics) or lay off workers left and right (IBM), Europe has a few new startups and growing stars. Michael Feldman comments on the phenomenon in a recent post

As American HPC companies retrench, a new crop of European-based vendors is emerging. In our recent podcast from the International Supercomputing Conference in Hamburg, I mentioned three companies across the pond that have designed some rather interesting high-end HPC machines. Bull (France), T-Platforms (Russia), and Eurotech (Italy) all recently introduced new purpose-built HPC server platforms, although each vendor has taken a slightly different approach.