End Of The Road For SGI
from the blip dept
Big tech companies never completely fade away. At some point, they get acquired for pennies. But, even so, SGI is one of the "big names" that really came about as close to simply fading away as any I can remember. Just this past weekend, I got into a discussion with someone who asked if SGI was even around any more... and just like that, comes the news that SGI filed for bankruptcy protection (yet again) just as it announced that it's being acquired by Rackable for just $25 million. For a company that was once considered a massive darling of Silicon Valley, it's quite a quiet ending. At least the company didn't go into full-on patent litigation as it had threatened to do a couple years ago...Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: bankruptcy
Companies: sgi
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Litany of Failures
That being said, all the other proprietary Unix vendors seem to have hit extinction too. Except for Sun, which has been circling slowly towards the plughole for a long time...
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:(
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Sad
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