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Hardware Randall Hand 17 years ago Comments Off on A visual timeline of the rise and sale of SGI 1.1 K
A visual timeline of the rise and sale of SGI
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 sale is actually being made via a section 363 “stalking horse” procedure, which means there is a 25-day window for other bidders to come in and buy SGI instead.