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