BNET Industries
Last Fiscal Year Sales:$247.4M
- Public
- US
Dow Jones Description
SGI is focused on helping customers solve their most demanding technology challenges by delivering: clustered computing and storage solutions, high-performance computing and storage solutions, Eco-logical datacenter solutions, software and services. SGI is a leader in HPC and data management. We develop, market and sell a broad line of low-cost, mid-range and high-end computing servers, data storage and visualization systems as well as differentiating software. We sell data center infrastructure products purpose-built for large-scale data center deployments. In addition, we provide global customer support and professional services related to our products. SGI enables enterprises to meet their computing and storage requirements at a lower total cost of ownership and provides them greater flexibility and scalability. Our products and services are used by the scientific, technical and business communities to solve challenging data-intensive computing, data management and visualization problems. These applications typically require large amounts of computing power and fast and efficient data movement both within the computing system and to and from large-scale data storage installations. SGI systems access, analyze, transform, manage, visualize and store very large amounts of data in real time or near real time. ...
Number of Employees 318
Peer Companies
NAICS Code Electronic Computer Manufacturing: 334111
News & Analysis
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hardware and rackable systems - All News and Analysis
Rackable Systems Suspends Buyback, Agrees to Acquire Silicon Graphics
Greenbackd submits: Rackable Systems Inc RACK has announced that it is suspending its buyback and acquiring substantially all the assets of Silicon Graphics Inc SGIC for “approximately $25 million in cash, subject to adjustment in certain circumstances, plus the assumption of certain liabilities associated with the acquired assets.” Without...
Silicon Graphics Sells Itself to Rackable for $25 Million
Erick Schonfeld submits: Sadly, this is no April Fool’s joke. Silicon Graphics, the high-end computer computer workstation and server company founded by Jim Clark in 1982, today declared bankruptcy and sold itself to Rackable Systems RACK for $25 million plus the assumption of “certain liabilities.” In...
Too Risky at Rackable
Saj Karsan submits: Rackable Systems RACK provides computer servers and storage devices for use in data centres. The company has $170 million worth of cash on hand versus no debt, yet it trades on the Nasdaq for just $120 million. The company has announced a plan to buy back $40...
Rackable Systems Radical Buy-Back Should Increase Company's Liquidation Value
Greenbackd submits: Rackable Systems Inc RACK is a new undervalued asset play with a plan to repurchase almost 40% of its stock at current prices. At RACK’s $3.56 closing price yesterday, the company has a market capitalization of $106.4M. We estimate the company’s liquidation value to be 60% higher...
Rackable Systems, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions We will take our first question today from Mark Kelleher, Canaccord Adams. Mark Kelleher – Canaccord Adams Thanks. Guys, I noticed you didn’t talk about the container business. How is that going? Mark Barrenechea Mark, thanks for the first question. As I said in my...
Rackable Systems to Present at the Morgan Stanley Technology Conference
FREMONT, Calif. -- Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced its participation at the Morgan Stanley Technology Conference on Wednesday, March 5, 2008 at 8:45 a.m. Pacific Time. The presentation will be in the form of a fireside chat...
NGDC Gains Momentum As Industry Leading Companies Sign-On As Event Sponsors
Amazon Web Services, Cisco, EMC, IBM, Rackable Systems and others set to participate in the most comprehensive data center event of the year FRAMINGHAM, Mass. -- IDG World Expo, the leading producer of world-class tradeshows and events, today announced an impressive lineup of sponsors for the Next Generation Data...
Rackable Systems, Inc. to Present at the Kaufman Brothers Second Annual West Coast Investor Conference
Rackable Systems, Inc. (NASDAQ: RACK) today announced that Todd Ford, Executive Vice President of Operations and Chief Financial Officer of Rackable Systems, Inc., will be presenting at the Kaufman Brothers Second Annual West Coast Investor Conference at the Merchants Exchange Building in San Francisco, CA, on Tuesday, February 7, 2006...
University of Florida Selects Rackable Systems Servers and Storage for Research Facility Expansion; Rackable Systems Servers and Storage Deployed in One of the Largest Academic HPC Data Centers in the US
MILPITAS, Calif. -- Rackable Systems, Inc. (Nasdaq:RACK), a leading provider of servers and storage for large scale data centers, today announced completion of a major deployment of servers and storage at the University of Florida's UF High-Performance Computing Center. UF chose Rackable Systems' award-winning, rack-mount Foundation Series servers and clustered...
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