HPC Matters is a joint blog consisting of contributors from the Tabor Communications team on their observations and insights into HPC matters.
April 30, 2009
A source within the U.S. Bankruptcy Court, Southern District of New York, confirmed that Judge Martin Glenn ruled today to approve the sale of assets of Silicon Graphics, Inc. to Rackable.
Rackable initially announced on April 1 its intent to purchase “substantially all” of SGI’s assets for $25 million in cash. For the past two weeks, rumors had circulated that other vendors might enter the bidding process. This ruling finalizes the sale to Rackable.
In an earlier blog I commented on how things went wrong for SGI, a
Posted by Addison Snell - April 30, 2009 @ 1:58 PM, Pacific Daylight Time
Addison Snell is the CEO of Intersect360 Research and a veteran of the high performance computing industry. During his tenure, he has established Intersect360 Research as a premier source of market information, analysis and consulting.
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