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May 11, 2009updated 19 Aug 2016 10:06am

Rackable seeks SGI crown jewels

Rackable Systems remained convinced that Silicon Graphics must have some invaluable IP hidden somewhere.Rackable Systems has bought Silicon Graphics (SGI) out of bankruptcy for $25m, and announced today it would change its own name to SGI, with

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SGI and rackable.jpg

Rackable Systems remained convinced that Silicon Graphics must have some invaluable IP hidden somewhere.

Rackable Systems has bought Silicon Graphics (SGI) out of bankruptcy for $25m, and announced today it would change its own name to SGI, with Rackable becoming just a product line.

More on the reasons for SGI’s troubles, and the Rackable buy, here.

Thanks to vaxomatic (Flickr, CC licence) for the pic.

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