SGI declares bankruptcy, and sold for $25 million

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 memories of artsy, colorful, good-looking SGI workstations and I thought IRIX was an underestimated UNIX variant, and let’s not forget that the XFS file system was invented by SGI.

Rackable specializes in server and storage hardware for data centers, so it’ll be an interesting purchase.