[rescue] SGI files for bankruptcy
Patrick Giagnocavo
patrick at zill.net
Mon May 8 09:32:47 CDT 2006
from Reuters:
Computer maker Silicon Graphics filed for Chapter 11 bankruptcy
protection after a round of restructuring measures failed, according to
court papers filed on Monday.
The company said it had been challenged by delays in introducing new
technology, a focus on more specialized markets and more intense
competition from larger rivals. Silicon Graphics filed for bankruptcy
protection in the U.S. Bankruptcy Court for the Southern District of New
York.
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Unwritten:
"Credit for the bankruptcy goes to Rick Belluzzo and the other morons
who thought Microsoft could write a server-level OS that would scale
past 4 processors."
--sigh--
--Patrick
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