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Silicon Graphics files for bankruptcy...again; sold...

by shmody / April 2, 2009 12:46 AM PDT

Silicon Graphics files for bankruptcy...again; sold...
Silicon Graphics Inc., once one of the computer industry's highest fliers, filed for bankruptcy protection for a second time and will sell its assets to Rackable Systems Inc. for $25 million.

Rackable, a younger maker of server systems that has gone through its own problems lately, said Wednesday it plans to use SGI's hardware and services to expand its business in high-performance computing and other sectors.

And on goes tech business evolution...


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Files for banktruptcy again?
by dextire / April 2, 2009 2:23 AM PDT

How many times can a company file for bankruptcy? I thought they had to wait at least 6 years before filing again.

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(NT) So is it time to buy RACK stock?
by kwahhn / April 2, 2009 2:32 AM PDT
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We should keep a tally
by Nicholas Buenk / April 2, 2009 3:11 PM PDT

Of how many famous and respected IT companies with a great history this economy kills off.
Mind you, who knew SGI was still around. Wink

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