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SGI declares bankruptcy, and sold for $25 million

Alice Hill's Real Tech News - Independent Tech found this 4/4/2009 on gizmosforgeeks.com

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 ...