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Statements from Bob Pette, SGI VP Corporate Marketing

by on April 1, 2009
 

Robert Pette

Update: The actual interview can be heard as part of the Special Edition Podcast.

I just got off a phone call with Bob Pette, Vice President of Corporate Marketing at SGI, regarding today’s announcement of bankruptcy and acquisition of a merger with Rackable.  The phone call will be in an upcoming Special Edition podcast to come later tonight, but some highlights for you:

  • SGI was saddled with a large debt coming out of the last bankruptcy, and was doing fine until the recent economic downturn.
  • The new company’s name is still to be determined, although the “SGI” and “Silicon Graphics” names bring alot of brand equity.
  • No significant reduction in personnel is expected, although some overlap will obviously happen in HR & Operations that will result in slight reductions
  • No overlap of high-end products, a little overlap in the lower-end x86 space may result in a few products being scrapped.
  • SGI expects to no impact to current support contracts, or outstanding purchases (like the DOD’s recent $40mil acquisition)  (Corrected 10:09)

Check back later for the audio of the phone call, and more!











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