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SGI and IRIX Archive

Microsoft Man’s Shadow Over Bankrupt SGI

Got $18m to spare? That's the market capitalization of one of Silicon Valley's most glamorous companies this morning, after Silicon Graphics Inc. filed for Chapter 11 bankruptcy. The size of SGI's debt - at $664m it's twice the value of its assets - is enough to deter all but the most determined bargain hunter. Apart from a ragbag of trademarks - such as OpenGL - what growth has SGI left to offer?

Silicon Graphics Files for Chapter 11 Bankruptcy

Silicon Graphics Inc. has filed for Chapter 11 bankruptcy. The press release sugarcoats: "Silicon Graphics today announced that it has reached an agreement with all of its Senior Secured bank lenders and with holders of a significant amount of its Senior Secured debt on the terms of a reorganization plan that will reduce its debt by approximately $250 million, greatly simplifying its capital structure." El Reg, The Inq, and the WSJ have more.

SGI Moving to Mysterious Altism Line

SGI is not very willing to communicate about any strategic changes it is plannign to make in their product line up. "Thankfully, we happen to know a couple of SGI's largest customers - the kind of folks who actually receive information from the graphics beast. In order to help out the rest of you poor, informationless sods, we're going to don SGI's marketing cap for the moment and get out the good word to customers large and small. Here's where SGI is heading according to the insiders."

SGI Kicks off New Era by Firing 12% of Its Staff

SGI's new CEO has wasted no time performing a major shakeup at the server company. Moves announced today include substantial layoffs, executive departures and SGI's plans to tweak its server business. SGI will fire close to 12 per cent of its workforce - 250 staffers - in the hopes of saving some extra cash. Word of the layoffs arrives just about a month after SGI moved former CEO Bob Bishop aside and tapped Dennis McKenna as its new chief. SGI heralded the layoffs as proof of McKenna's quick, decisive action, issuing a statement titled 'CEO Delivers Aggressive Changes in First 30 Days as Part of Turnaround.' The Inq speculates about nVidia buying SGI's graphics dpt. Update: Couldn't resist.

SGI Gets a New CEO

"Silicon Graphics announced today that Dennis McKenna has been named chairman of the board, chief executive officer and president, effective immediately. McKenna succeeds Robert Bishop, who will remain on the board of directors and serve as vice chairman. "Dennis McKenna is a proven leader, with an established track record of driving positive results in difficult business environments. He is well balanced in strategy, business development and operational execution - a combination that we believe will bring improved results to SGI and its stakeholders," said James McDivitt, SGI's lead director." Update: El Reg has more on this.

SGI: Still Hanging Tough

Monday was the first day since 1986 that the stock of Silicon Graphics Inc., better known as SGI, has not been traded on the New York Stock Exchange. Its recent delisting is just the latest chapter of a long, painful story that analysts say is loaded with lessons for other companies. However, company executives say SGI's customer base remains loyal and its technology base is strong enough to sustain it, albeit in narrow vertical markets.

SGI Delisted, Becomes Penny Stock

Silicon Graphics Inc. today issued a melancholy press release confirming that it has been kicked off the New York Stock Exchange, and will now trade as a 'penny stock'. SGI was the high-bandwidth, visualization-rich, media-savvy computer systems company that flourished in a decade when media pundits clamored for a winner in what they called 'the convergence space'. SGI obliged, and spared nothing - for a while its budgets were flush for R&D and fancy architecture. "Oh, SGI, we loved you and you screwed up. Bigtime."

Whatever Happened to SGI?

The company is Silicon Graphics Incorporated, or SGI, which once was famous for its high-powered graphics and 3-D workstations but has fallen on hard times of late. SGI now focuses on supercomputers, but there's a tiny coterie of fans dedicated to keeping the company's aging but high-powered workstations alive. On a similar note, the every-three-months maintaince release of Irix is 3 months late.

SGI supercomputer: Two records in one day

Even as Silicon Graphics trumpeted on Tuesday a new speed record with the Columbia supercomputer it built for NASA, CNET News.com has learned, it quietly submitted another, faster result: 51.9 trillion calculations per second. SGI also plans to announce a new Linux computer Nov. 1, a machine that uses Intel's newest Itanium 2 processor and packs the chips twice as compactly as current machines do.

SGI Unveils Systems Running on Single Linux Kernel Up To 256 CPUs

In an industry first, Silicon Graphics today announced the worldwide availability of SGI Altix systems running up to 256 Intel Itanium 2 processors within a single instance of the Linux operating system. The record-breaking accomplishment is the end result of an international Altix beta program originally targeted to achieve just half the scalability of today's 256-processor milestone.