Rackable Systems to Acquire Silicon Graphics
Once the industry standard in Computer Graphics, father of the famed Onyx, Infinite Reality graphics pipes, and Large Shared Memory architectures, SGI has filed for bankruptcy and is now to be acquired by Rackable Systems.
According to the press release, Rackable has agreed to acquire “substantially all the assets of Silicon Graphics, Inc. for approximately $25 million in cash.” The agreement includes Silicon Graphics filing for Chapter 11 bankruptcy protection in order to reduce their overall debt load.
So what does this mean for the VUE product line? As information comes, we’ll let you know.