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Silicon Graphics Inc. (SGI) has reportedly agreed to sell its business to Rackable Systems for $25 million after returning to court today for bankruptcy protection. The sale is conditional upon higher bids offered at auction, and Rackable will also assume a portion of SGI's outstanding debt. Rackable Systems is server and data-center storage provider that is looking to add SGI's high-performance server systems used in supercomputers to its line of business. The terms of SGI's sale under bankruptcy results in $0.47 per share, which is 15% higher than the stock's closing price on Tuesday. Rackable Systems is currently facing a...

Graphical workstation maker Silicon Graphics (SGI) has filed for chapter 11 bankruptcy protection. The move aims to reduce the company's debt by approximately $250m, SGI said in a statement. The company expects to emerge from its bankruptcy within six months. The bankruptcy protection allows the company to focus on a corporate restructuring that it started earlier this year while keeping debt collectors at bay. The company warned in February that it risks running out of cash by the end of this year. SGI specialises in high powered workstations with a strong focus on graphics applications. The company initially developed its...

Last week's episode of the hit animated series The Simpsons brought to fruition a dream for Stargate SG-1 star Richard Dean Anderson and his career -- and also gave Stargate fans a send-up of their own. The Jack O'Neill actor guest starred as himself in the episode, "Kiss Kiss, Bang Bangalore." When Anderson shows up at Patty and Selma's MacGyver convention, he tells the two uber-fans that the show means nothing to him. He proceeds to appear on stage with Comic Book Guy at a Stargate convention, only to be kidnapped by Patty and Selma and taken to their MacGyver...

MOFFETT FIELD, Calif.--Even as Silicon Graphics Inc. trumpeted on Tuesday a new speed record with the Columbia supercomputer it built for NASA, CNET News.com has learned, it quietly submitted another, faster result: 51.9 trillion calculations per second. During the unveiling of the Columbia supercomputer, SGI touted a speed of 42.7 trillion calculations per second, or 42.7 teraflops. That handily beat the machine at the top of a list of the world's 500 fastest machines, NEC's Earth Simulator at 35.9 teraflops, as well as a top challenger, IBM's Blue Gene/L at 36.0 teraflops. The 42.7 teraflops speed used only 16 of...

SGI code changes not enough, says SCO By Peter Williams [03-10-2003] SCO confirms revoke of SGI Unix licence on 14 October, despite code change work The SCO Group has insisted that changes made by Silicon Graphics (SGI) to some of its Unix code will not be enough to prevent termination of SGI's Unix licence. SCO plans to revoke SGI's Unix licence even though the latter claims to have removed all potentially offending code from its XFS journalling file system, now in Linux. But this does not go far enough, SCO has told vnunet.com. The licence is due to be terminated...

Silicon Graphics Inc says that it has received notice from SCO Group Inc that the Unix vendor intends to terminate its Unix System V license on the basis that SGI has breached the terms of the license. The move by Lindon, Utah-based SCO is the latest twist in its long-running claims that code from its Unix System V has been copied into the Linux operating system. The company has also terminated the Unix licenses of IBM Corp, sued IBM for $3bn for breach of contract and misappropriation of trade secrets, and maintained that Linux users need to license its Unix...

Hollywood adopting Linux Rendering, cheap and fast By Egan Orion: Wednesday 24 July 2002, 06:09 BIG MEDIA COMPANIES have a well-deserved reputation for being deeply clueless about information technology. Studio executives view it as a necessary evil, albeit useful for padding byzantine accounting in order to pay their actors and investors as little as possible. But the smaller studios producing the computer animation wizardry driving many popular movies are more sophisticated. They are moving to Linux on x86 platforms, and are realizing both lower costs and higher performance. Thus Cnet is reporting that Industrial Light and Magic(ILM), the operation responsible...