Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror

Submission Summary: 0 pending, 7 declined, 1 accepted (8 total, 12.50% accepted)

Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Silicon Graphics

Submission + - SGI Files for Chaper 11, plans to sell off assets

darkjedi521 writes: According to Bloomberg, SGI filed for Chapter 11 bankruptcy April 1st with plans to sell its assets to Rackable Systems unless another buyer is willing to come forward and pay a higher per share price than Rackable. According to the Mercury News, the sale is for $25 million, though the chapter 11 proceedings leave the possibility of sale to another entity open.

Slashdot Top Deals

"Why waste negative entropy on comments, when you could use the same entropy to create bugs instead?" -- Steve Elias

Working...