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
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SGI Intros Supercomputer With Intel Nehalem EX
The SGI Altix UV, unveiled Monday at the SC09 supercomputer conference in Portland, Ore., is targeted at large-scale databases and data analytic environments. The system can combine Intel's highest core chip, codenamed Nehalem EX, with SGI's NUMAlink 5 interconnect to deliver its highest performance of 18.6 teraflop per second. A...
Silicon Graphics Name Returns via Rackable's Acquisition
The 451 Group: Inorganic Growth submits: by Brenon Daly Rackable Systems RACK has won approval from the bankruptcy courts to acquire Silicon Graphics Inc for $42.5m in cash, as other potential bidders passed on the one-time tech stalwart. And, just as Tera Computer did when it bought the much-better-known...
Buckingham Still Finds Plenty of Bargains After Big Rally
In last week's column, John Buckingham, chief investment officer of Al Frank Asset Management, made the case for using a value-oriented approach - investing in companies trading at low multiples of earnings, especially when those earnings are depressed and due for a bounce - to try to capture the further...
Rackable Systems Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. And at this time we have no questions from the phone lines. Mark Paisley All right. With no further questions, that completes the Q&A portion of the call. Please join us at the UBS Global Technology and Services Conference being held in New...
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, Inc. F3Q08 (Qtr End 9/27/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Louis Miscioscia - Cowen & Co., LLC. Louis Miscioscia - Cowen & Co., LLC Maybe you could just clarify on the inventory line, was all of the increase in inventory or almost all of it from the containers? James...
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