Link via sfgate.com
Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers with the prowess of its fancy computers.
A sad day for a computer company that used to sell the world’s sexiest and most powerful computers. The fate of SGI could have easily happened to Apple. As a Macintosh fan and Apple shareholder, I’m glad it didn’t.