Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Data center vendor Rackable Systems, completing its acquisition of Silicon Graphics, Inc., announced that it was adopting SGI as the company name and brand.
Rackable had formed a subsidiary named Silicon Graphics International, and it's that subsidiary that acquired Silicon Graphics.
The deal was approved on April 30 and cost Rackable US$42.5 million in cash.
Silicon Graphics, founded in 1981, was best known for its dedicated graphics workstations, as well as high-performance servers. But as general-purpose personal computers became more capable of high-end graphics processing, the company's core business fell off, and it entered bankruptcy (for the second time) at the beginning of April.
Rackable, a vendor of servers and storage for data centers, plans to leverage Silicon Graphics' reputation in servers to create "an expanded portfolio of cutting-edge, innovative and high performance products for medium and large-scale data centers and HPC," according to the announcement.
The company will be branded as SGI, with Rackable Systems remaining as the name of a product line.
David Bass
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