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SGI declares bankruptcy, and sold for $25 million
SGI declares bankruptcy, and sold for $25 million
Sad, but true, Silicon Graphics Inc. recently declared bankruptcy for the 2nd time in 4 years and has now been sold for a mere $25 million to Rackable Systems . Just about a dozen years ago, SGI was pulling in $4 billion/yr. Yes, that’s billion with a ‘b’. I have fond ...
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Article Recap for the Week ending Apr 3, 2009
Gizmos for Geeks — ... this doorlock might just be for you, or maybe you could just travel to the future to see if you’re going to need one with this Flux Capacitor! Jobs have been in the news recently, so it seemed fair to post an interesting video about the Job Market and reported that workers who are allowed to surf the web at work have increased productivity! Finally,  poor ol’ Silicon Graphics Inc. has filed for bankruptcy once again and has been bought out by Rackable Sytems.

Week of Apr 3, 2009: Gadget Recap from Gizmos for Geeks
Alice Hill's Real Tech News - Independent Tech — ... Finally, poor ol’ Silicon Graphics Inc. has filed for bankruptcy once again and has been bought out by Rackable Sytems .

Related: sgi +bankruptcy
SGI files for Chapter 11, agress to $25m buy-out
electronista.com 4/1/2009 — Silicon Graphics Inc. (SGI), which is in bankruptcy protection, has agreed to sell its business to Rackable Systems Inc. for $25 million, unless it receives a higher bid from elsewhere. Rackable makes servers and data-center storage products and woul...
SGI to sell itself for just $25m, throw huge sadness partyEngadget
Man, the difference a few years decades makes. In the 90s, Silicon Graphics helped create silver screen mega-hits like Jurassic Park and Terminator 2 , and in 1997, its fiscal year sales totaled $3.66 billion. Today, the company's mired in its second bankruptcy, which has occurred just three ...
Game Over For Silicon GraphicsUbergizmo
Silicon Graphics (SGI), the pioneer in hardware accelerated computer graphics is selling itself to Rackable Systems for $25M in cash. On the same day, SGI has filed for bankruptcy. Rackable gets Silicon Graphics's intellectual properties for building high-performance computing and storage.  ...