International Business Machines has abandoned its plans of developing a Petaflop super computer.
The company, which was building the super computer along with University of Illinois' National Center for Supercomputing Applications (NCSA), downed the shutter on the ‘Blue Waters’ project due to increased technical complexities and investments.
IBM and the NCSA said in a joint statement that the NCSA had contracted IBM in 2007 to develop a super computing system for the organisation with the company expected to dish out the version of the system in 2012.
The two organisations maintained that it has possible to make a petaflop super computer with the NCSA working with the National Science Foundation to make sure that the project continues.
IBM plans to return the money it has received from the NSCA while the organisation will return the technical equipment back to IBM.
“The innovative technology that IBM ultimately developed was more complex and required significantly increased financial and technical support by IBM beyond its original expectations. NCSA and IBM worked closely on various proposals to retain IBM's participation in the project but could not come to a mutually agreed-on plan concerning the path forward,” the organisations said.