SGI Arises From the Ashes 195
eldavojohn writes "Six months ago, Slashdot reported on SGI's filing of Chapter Eleven Bankruptcy. I wondered why Slashdot kept the Silicon Graphics category with them now defunct. But Chapter Eleven means a reorganization — not liquidation. And, surprisingly, SGI has dusted itself off and stood back up. What did they dust off? About $150 million worth of spending a year. Will this reorganization put them back as a player in the graphics game? Maybe but as the article notes, they have some stiff competition that offer comparable services for less money. Is this a phoenix story or the final death throes of the company?" To be honest, no one here suspected a thing. We just keep the old topics around so it's still possible to find old stories related to them. Sometimes (like now!) they even still come in handy.
Re:Is this entire site populated by illiterates? (Score:5, Insightful)
I wish them the best. (Score:3, Insightful)
SGI stock is not worth the paper it is printed on. (not that they normally print shares anymore)
Re:Arise! Arise! (Score:5, Insightful)
Can an old dog of a megacorp learn new tricks? We'll find out, I guess. A new competitor in the consumer GPU industry would certainly be appreciated.
Re:SGI appears to be out of the graphics business (Score:4, Insightful)
If you look at their website, they say pretty clearly that they are now focused on high performance computing and storage devices. You won't see graphics mentioned on there anywhere, except for their soon to be discontinued MIPS workstation lines. They do mention visualization of data sets over networks, and in planetariums, but this is really more of a services offering. The days of buying a high performance graphics workstation from SGI appear to be over for now.
Wouldn't surprise me, but is it really worth all the money to keep this company going to make commodity hardware and storage systems? Any schmuck could do that without starting out with all that debt.
Re:Arise! Arise! (Score:5, Insightful)
Therefore, they're going to compete in HPC with Itanium and Opteron systems, which seems to be a recipe for getting crushed by the Terra/Cray hybrid (under Cray's name), HP and their Itanium servers through SuperDrome systems, and IBM/Sun on the smaller Opteron boxes. Add to this that they've fired to many engineers, this has to be a delaying action before the real end: six guys running a consulting company out of a Mountain-View garage.
They really are a case of, "time to sell whatever assets are left, return the proceeds to the stockholders, and say, "it was fun"". However, since they just came out of bankruptcy, the stock is probably worth less than nothing, so time to sell whatever assets are left, order a pizza and six-pack of cheap beer with the proceeds, then turn out the lights.
Re:Is this entire site populated by illiterates? (Score:2, Insightful)
SGI isn't that kind of business (Score:5, Insightful)
Re:Is this entire site populated by illiterates? (Score:2, Insightful)
SGI is still dead (Score:3, Insightful)
MIPS is gone.
IRIX is gone.
SGI is gone.
SGI has become another company that will create big commodity Linux boxes. Yeah, there's some cool technology behind it, courtesy of Cray (eventually you can track it back to them), but the things that made SGI special aren't there anymore.
Pity. Oh well, I wish 'em all the best.
Re:This would be benificial (Score:2, Insightful)
Yeah, there's some cycle describing that, about how specialized coprocessors will handle different tasks (much like GPUs), and then merge back into the general-purpose CPU. However, I'm talking about a gfx card, that also happens to be easily programmable (maybe with some driver-level, standard-among-manufacturers, scripting?) so we can do cool things with a massively parallel floating-point processor.
Maybe now is a good time... (Score:2, Insightful)
Re:This would be benificial (Score:3, Insightful)
What they do still have is a name, and if their $multi million/year executives are worth the money they make, that will be all they need to get back on the map.