Posted on 04/01/2009 10:01:53 PM PDT by Justaham
SAN FRANCISCO (MarketWatch) -- We all knew it would happen eventually, it was just a question of when.On Wednesday -- April 1 -- Silicon Graphics Inc., one of the highest-flying companies in Silicon Valley during the early 1990s, sold most of its assets for a price that could have been an April Fool's joke: a meager $25 million. Now just the skeletal remains of what it was in its heyday, the company also filed for bankruptcy a second time
(Excerpt) Read more at marketwatch.com ...
Good riddance.
Their animated sharks were really cool.
Twenty five million! Yikes!
RIP
0bama: ""Joe time is gonna come"".
Dude, I don't wanna be you.
Nicely colored, overpriced hardware R US.
Imagine if some “antitrust” idiot had tried to get the government to go after SGI in the 90s for “monopolizing” the CG industry. I’m surprised it *didn’t* happen, frankly.....
See, the market works. Even those “monopolies” crumble when they get competitors.
Easy to say now, but before PCs and Alpha-based workstations started becoming viable competitors in the mid-to-late 90s, SGI was the undisputed KING of graphics and high-end workstations. “SGI” was synonymous with “3D graphics.” People didn’t say “3D effect” or “computer graphics shot,” they said “SGI effect” and “SGI shot.”
But yeah, they did NOT adapt well.
I know where there are a few Onyx’s sitting around gathering dust. You can probably get them cheap, if anyone’s interested
For someone who had the lead they let it go. Having worked with SGI it is apparent they had “Middle Manager Syndrome” that dooms many companies.
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