Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers with the prowess of its fancy computers.
The proposed dismantling was announced after Silicon Graphics — also known as SGI — filed for Chapter 11 bankruptcy protection for the second time in less than three years. The deal with Rackable Systems, covering most of Silicon Graphics' assets, is supposed to be completed within the next two months.
Did anyone make a visit to the Mountain View Campus while they were still there?
It's now Google's.
I remember the O2. That was some hot hardware!!!
Apr 1, 09 9:13 pm
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RIP SGI - Did anyone make a visit to the Mountain View Campus?
RIP SGI - They're gone.
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/04/01/financial/f142114D83.DTL
Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers with the prowess of its fancy computers.
The proposed dismantling was announced after Silicon Graphics — also known as SGI — filed for Chapter 11 bankruptcy protection for the second time in less than three years. The deal with Rackable Systems, covering most of Silicon Graphics' assets, is supposed to be completed within the next two months.
Did anyone make a visit to the Mountain View Campus while they were still there?
It's now Google's.
I remember the O2. That was some hot hardware!!!
Block this user
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Archinect
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