Aviast writes "SGI is in talks with the Gores Technology Group to sell the Cray Research unit of SGI. Read the [Yahoo News] story here. SGI bought Cray three-and-a-half years ago for $700 million. According to this story Gores originally offered $100 million for Cray, but has since lowered its offer." Rumors about this have been floating around for weeks. Looks like they *may* become reality, but the deal is apparently still a long way from done.
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