by Mike Masnick
Wed, Apr 1st 2009 8:17pm
Big tech companies never completely fade away. At some point, they get acquired for pennies. But, even so, SGI is one of the "big names" that really came about as close to simply fading away as any I can remember. Just this past weekend, I got into a discussion with someone who asked if SGI was even around any more... and just like that, comes the news that SGI filed for bankruptcy protection (yet again) just as it announced that it's being acquired by Rackable for just $25 million. For a company that was once considered a massive darling of Silicon Valley, it's quite a quiet ending. At least the company didn't go into full-on patent litigation as it had threatened to do a couple years ago...
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