Silicon Graphics International Corp. (SGI; formerly Rackable Systems, Inc.) was an American manufacturer of

computer hardware Computer hardware includes the physical parts of a computer, such as the case, central processing unit (CPU), random access memory (RAM), monitor, mouse, keyboard, computer data storage, graphics card, sound card, speakers and motherboard. ...

and

software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consist ...

, including

high-performance computing High-performance computing (HPC) uses supercomputers and computer clusters to solve advanced computation problems. Overview HPC integrates systems administration (including network and security knowledge) and parallel programming into a mult ...

systems, x86-based

server Server may refer to: Computing *Server (computing), a computer program or a device that provides functionality for other programs or devices, called clients Role * Waiting staff, those who work at a restaurant or a bar attending customers and su ...

s for datacenter deployment, and

visualization Visualization or visualisation may refer to: * Visualization (graphics), the physical or imagining creation of images, diagrams, or animations to communicate a message * Data visualization, the graphic representation of data * Information visuali ...

products. The company was founded as Rackable Systems in 1999, but adopted the "SGI" name in 2009 after acquiring Silicon Graphics Inc. out of bankruptcy. On November 1, 2016,

Hewlett Packard Enterprise The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas, United States. HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the ...

completed its acquisition of SGI for $275 million.

History

Rackable Systems, Inc. era

Rackable Systems Inc. went public in June 2005, with 6.25 million shares offered at $12 per share. In 2006, Rackable announced it had signed an agreement to acquire Terrascale Technologies, Inc. On April 1, 2009, Rackable announced an agreement to acquire

Silicon Graphics, Inc. Silicon Graphics, Inc. (stylized as SiliconGraphics before 1999, later rebranded SGI, historically known as Silicon Graphics Computer Systems or SGCS) was an American high-performance computing manufacturer, producing computer hardware and soft ...

for $25 million. The purchase, ultimately for $42.5 million, was finalized on May 11, 2009; at the same time, Rackable announced their adoption of "SGI" as their global name and brand. The following week, the company changed their NASDAQ stock ticker symbol from "RACK" to "SGI".

Silicon Graphics International Corp. era

The "new" SGI began with two main product lines: servers and storage continuing from the original Rackable Systems; and servers, storage, visualization and professional services acquired from Silicon Graphics, Inc. At the time of the acquisition's completion, SGI said that they anticipated the survival of the majority of the two companies' product lines, although some consolidation was likely in areas of high overlap between products. In 2010, SGI announced the purchase of all the assets and assumed a limited amount of liabilities of COPAN Systems. COPAN was a provider of storage archive products for real-time access to long-term persistent data. COPAN products were offered as part of the SGI storage line. In 2011, SGI acquired all outstanding shares of SGI Japan, Ltd. The same year, the company announced the acquisition of OpenCFD Ltd. In December, the company announced Mark J. Barrenechea's resignation as president, chief executive officer and member of the board of directors. Mark was reported to join

Open Text Corporation OpenText Corporation (also written ''opentext'') is a Canadian company that develops and sells enterprise information management (EIM) software. OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company ...

. Shortly thereafter, it was announced that Barrenechea had agreed to continue to serve on the SGI board. In February 2012, it was announced that Jorge Luis Titinger would become SGI's president and chief executive officer. In 2013 SGI acquired FileTek, Inc. On August 11, 2016, it was announced that

would acquire SGI for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt. The deal was completed on November 1, 2016.

References

{{Silicon Graphics 1982 establishments in California 2016 disestablishments in California American companies established in 1999 Manufacturing companies based in San Jose, California Companies formerly listed on the Nasdaq Computer companies disestablished in 2016 Defunct computer companies of the United States Graphics hardware companies Hewlett-Packard acquisitions Software companies established in 1999 Defunct software companies of the United States Technology companies based in the San Francisco Bay Area Technology companies disestablished in 2016 Technology companies established in 1999 2005 initial public offerings 2016 mergers and acquisitions Defunct companies based in the San Francisco Bay Area Hewlett-Packard Enterprise acquisitions

History

Rackable Systems, Inc. era

Silicon Graphics International Corp. era

See also

References