Seven Years Later, SGI Finds a New Ending
Seven years ago, it was the end for SGI. The legendary company had gone bankrupt, its remains were up for liquidation, and its relatively few remaining loyal customers were left in limbo.
This week, SGI reached a new ending, significantly different from its last one, as HPE announced an intended deal to purchase the company for approximately $275 million.
SGI was reincarnated in 2009 when Rackable bought its assets, including its brand, off the scrap heap, for only $42.5 million (originally reported as $25 million at the time, but later updated). Rackable—that is to say, the new SGI—protected employees, key …
Seven Years Later, SGI Finds a New Ending was written by Nicole Hemsoth at The Next Platform.
