SGI – going, going, gone?
The once dominant giant of the workstation industry is hitting hard times.
They have moved to reduce their debt by approximately $250 million and have filed voluntary petitions under Chapter 11 of the US Bankruptcy code. The company expects to emerge from Chapter 11 within 6 months.
Read the Press Release at
http://www.sgi.com/company_info/…/sgi_reorg.html
“We want to assure our customers, our employees and our communities that SGI is operating-business as usual,” Dennis P. McKenna, the recently appointed, Chairman and CEO of SGI, stated. “Our customers can continue to rely on SGI for its mission-critical products, services, and support.”
SGI is a leader in high-performance graphics workstations and is located in Mountain View, California and can be found on the web at
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