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Rackable Systems is now SGI

by on May 11, 2009


In a fresh press release from Rackable systems, they’ve announced completion of the acquisition of SGI, and stated that they will be adopting the SGI name.

FREMONT, Calif. – May 11, 2009 – Rackable Systems, Inc. (NASDAQ: RACK), a leading provider of ecological servers and storage products for medium to large-scale data centers, today announced that it has completed its previously-announced acquisition of the operating assets of the former Silicon Graphics, Inc. With the completion of this acquisition, the company will adopt SGI® as its global name and brand. Rackable Systems president and CEO, Mark J. Barrenechea, will lead SGI in the same capacity. The Rackable Systems board of directors remains unchanged.

One other interesting note I hear from other sources is that SGI Federal, the group behind the questionable $40Million HPCMO purchase and many other government SGI contracts, will remain a wholly owned entity.  It will become a subsidiary of the new SGI, and that their existing GSA schedule 70 will remain in place.  Essentially, it’s business as usual in the SGI Federal division.

Update: Oh, almost forgot – SGI is Dead! Long live SGI!

Update #2: John Leidel at InsideHPC has more details, including details on what SGI resources are being shut down and the nuggets that Bob Pette, who we interviewed previously, will become the VP of Visualization.

via Rackable Systems.