End Of The Road For SGI

from the blip dept

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...

Filed Under: bankruptcy
Companies: sgi

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  1. identicon
    another mike, 2 Apr 2009 @ 12:05pm

    old poker players never die, they just shuffle off.

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