Now, this isn’t 100%, but I’ve heard from a reliable source that Rackable has beaten out Cray, HP, and Cisco to acquire SGI.  The price isn’t known, but rumors have it that Rackable was willing to pay up to $50Million for it, which is still a paltry sum.

Either way, official word should be out Tomorrow or Friday.

Update: InsideHPC is reporting the same.