History
Rackable Systems, Inc. era
Rackable Systems Inc. went public in June 2005, with 6.25 million shares offered at $12 per share. In 2006, Rackable announced it had signed an agreement to acquire Terrascale Technologies, Inc. On April 1, 2009, Rackable announced an agreement to acquire Silicon Graphics, Inc. for $25 million. The purchase, ultimately for $42.5 million, was finalized on May 11, 2009; at the same time, Rackable announced their adoption of "SGI" as their global name and brand. The following week, the company changed their NASDAQ stock ticker symbol from "RACK" to "SGI".Silicon Graphics International Corp. era
The "new" SGI began with two main product lines: servers and storage continuing from the original Rackable Systems; and servers, storage, visualization and professional services acquired from Silicon Graphics, Inc. At the time of the acquisition's completion, SGI said that they anticipated the survival of the majority of the two companies' product lines, although some consolidation was likely in areas of high overlap between products. In 2010, SGI announced the purchase of all the assets and assumed a limited amount of liabilities of COPAN Systems. COPAN was a provider of storage archive products for real-time access to long-term persistent data. COPAN products were offered as part of the SGI storage line. In 2011, SGI acquired all outstanding shares of SGI Japan, Ltd. The same year, the company announced the acquisition of OpenCFD Ltd. In December, the company announced Mark J. Barrenechea's resignation as president, chief executive officer and member of the board of directors. Mark was reported to join Open Text Corporation. Shortly thereafter, it was announced that Barrenechea had agreed to continue to serve on the SGI board. In February 2012, it was announced that Jorge Luis Titinger would become SGI's president and chief executive officer. In 2013 SGI acquired FileTek, Inc. On August 11, 2016, it was announced thatSee also
* NUMAlinkReferences
{{Silicon Graphics 1982 establishments in California 2005 initial public offerings 2016 disestablishments in California 2016 mergers and acquisitions American companies established in 1982 American companies established in 1999 American companies disestablished in 2016 Companies formerly listed on the Nasdaq Computer companies established in 1982 Computer companies established in 1999 Computer companies disestablished in 2016 Defunct companies based in the San Francisco Bay Area Defunct computer companies of the United States Defunct software companies of the United States Defunct computer hardware companies Defunct computer systems companies Graphics hardware companies Hewlett-Packard acquisitions Hewlett Packard Enterprise acquisitions Manufacturing companies based in San Jose, California Software companies established in 1999 Technology companies based in the San Francisco Bay Area Technology companies disestablished in 2016 Technology companies established in 1999