Comments on: Silicon Graphics Being Sold To Rackable For Peanuts

By: Dissecting the New SGI’s Plan for Profitability: Cloud Computing News «

Thu, 24 Feb 2011 20:46:05 +0000

[...] actually turn a profit again. In April 2009, simultaneously with its second Chapter 11 filing, SGI sold itself for peanuts ($25 million) to webscale server maker Rackable Systems, which — surprisingly — decided not only to keep selling SGI’s products but [...]

By: Complete List of Q2 2009 Web, Internet and Tech Acquisitions » The StartUp Blog at PartnerUp

Tue, 14 Jul 2009 18:52:22 +0000

[...] Silicon Graphics is a high-end computer workstation and server company. TechCrunch GigaoOM [...]

By: On the Block: SiCortex’s DeLorean-Style Green Supercomputer

On the Block: SiCortex’s DeLorean-Style Green Supercomputer — Thu, 28 May 2009 23:01:47 +0000

[...] year, SGI, which made proprietary machines for the HPC industry, filed for bankruptcy and sold its assets to Rackable Systems (which has changed its name to SGI). So I wonder, is SiCortex’s lack of money a sign of a [...]

By: Subbaraman Iyer

Subbaraman Iyer — Fri, 03 Apr 2009 09:07:48 +0000

I think this is a classic management failure. I wrote an obituary for it at: http://subbaiyer.wordpress.com/2009/04/03/sad-about-silicon-graphics/.

But the lessons that Silicon Graphics can teach us was written almost 2 years ago at: http://subbaiyer.wordpress.com/2007/03/12/lessons-from-sgi/

By: Jack Wong

Jack Wong — Thu, 02 Apr 2009 18:31:49 +0000

Umm. Did someone check if the peanuts were not tainted. A lot of that going around.

By: Krishna Baidya

Krishna Baidya — Thu, 02 Apr 2009 06:01:27 +0000

looks like ….. even good thing had to come to a stop. It hurts to see something with such great product soon gets lost in the dust.

By: Thomas

Thomas — Wed, 01 Apr 2009 22:55:22 +0000

Uh…Sun and Stratus aren’t in any position to be acquiring anybody. Don’t know if you’ve been watching the news lately…

By: Thomas

Thomas — Wed, 01 Apr 2009 22:51:47 +0000

They’re actually not going to assume *all* of the debt. Saw a note somewhere that they’re only picking up a portion. Not sure how that works when you’re giving equity value…

By: Davos Newbies » Blog Archive » The moving finger writes, and, having writ, moves on

Wed, 01 Apr 2009 22:41:19 +0000

[...] Silicon Graphics is sold for a song. Who knew it still [...]

By: Aaron deMello

Aaron deMello — Wed, 01 Apr 2009 22:21:28 +0000

End of an era. A touch sad, actually. I started my first company in 1995 with $75k in SGI equipment. Btw, Om – my understanding is that they are walking away from most of the ~$500M+ in debt.

By: Jim Clark’s Former Venture Silicon Graphics Sold To Rackable For $25 Million

Wed, 01 Apr 2009 21:43:40 +0000

[...] deal, but for a company that seems very unstable right now at least it is better than nothing. [via GigaOm] Categorized under Jim Clark, Rackable Systems, Silicon Graphics If you liked this post, [...]

By: Erik Schwartz

Erik Schwartz — Wed, 01 Apr 2009 20:59:39 +0000

I always wanted an SGI workstation so I picked up last year on eBay for $200.

It’s a nice little unix (irix) box).

Of course their campus lives on…

By: kurtlar vadisi pusu

kurtlar vadisi pusu — Wed, 01 Apr 2009 20:54:00 +0000

I would have thought that Sun, or even Stratus Technologies would have thought of acquiring them, for what it’s worth

By: Tyson Key

Tyson Key — Wed, 01 Apr 2009 20:17:24 +0000

Hmm, I would have thought that Sun, or even Stratus Technologies would have thought of acquiring them, for what it’s worth. Although I don’t know what redeeming qualities they have, these days (other than their brand, a legacy, and a few HPC products)…

By: Om Malik

Om Malik — Wed, 01 Apr 2009 20:03:00 +0000

I agree… there is a lot of debt they have to assume and of course they would have to fix SGI. But they are now a serious threat to Sun and Dell.

By: andrew ritz

andrew ritz — Wed, 01 Apr 2009 20:02:18 +0000

I remember when the first workstations arrived in England during the early 80s. Then the main players were HP, SUN, SGI and DEC. At the time I was working for BP Research and remember the delight of the chemical engineers when they started to develop graphical applications to run on SGI workstations. Given the status SGI had at the time it’s hard to believe that the company is no more.