Is Europe the future of HPC innovation?

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.