Comment It's a Management-ish Buyout (Score 4, Interesting) 156
An Alias rep made a post regarding the sale on the Highend3D Buzz Board, second post down.
It looks like some of the Alias folks are working a deal where the investment firm will purchase the assets from SGI and then the Alias person(s) will then purchase those assets from the investment firm. The Alias folks break free of SGI and SGI gets some badly-needed cash.
I've since confirmed this via a party who Knows Things. So no black helicopters from Cuptertino or Redmond, you conspiracy theorists
Either way, they still have to figure out how to pay for R&D (or not) with a fully saturated market. We'll see.