The Boston Diaries

The ongoing saga of a programmer who doesn't live in Boston, nor does he even like Boston, but yet named his weblog/journal “The Boston Diaries.”

Go figure.

Wednesday, April 01, 2009

The makers of dinosaurs finally becomes a dinosaur.

I'd like to think that the following is an April Fools Joke, but given the recent history of Silicon Graphics, this is probably true:

Today, a legendary Silicon Valley company goes out with a fizzle.

Rackable Systems (RACK) announced that it will buy most of the assets of Silicon Graphics (SGIC), the long-time provider of high-performance computers, for $25 million in cash and the assumption of certain liabilities as part of a pre-packaged Chapter 11 filing by Silicon Graphics. the deal is expected to close within 60 days.

Tech Trader Daily - Barron’s Online : End Of An Era: Rackable Systems To Buy Silicon Graphics For $25 Million; SGIC Holders Likely To Get Nothing

And with Silicon Graphic's current stock price of 18¢ (no, not $18, 18¢), such a move would put the company out if its misery.

Shame really. I remember using their computers in the 90s. In fact, I had near exclusive use of one when I worked at FAU and it was such a sweet machine. Except for having to continually replace the fan unit. Oh, and the motherboard at least once. And the graphics board. And the monitor at the end had a decidedly green tinge to it. And that when new, it cost $35,000.00 but after four years might have been worth $1,500 (even worse than your typical car).

Hmm … when put in those terms …

(Oh, and the title? It's in reference to their little commercial from the early 90s)

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