Silicon Graphics International

{{short description|2009–2016 computing company, formerly Rackable Systems}}

{{About|the company founded in 1982 as "Rackable Systems"|the original Silicon Graphics Inc.|Silicon Graphics}}

{{Infobox company

| name = Silicon Graphics International Corp.

| logo = Silicon Graphics International logo.svg

| logo_size = 182px

| type = Public

| traded_as = {{NASDAQ was|RACK}}
{{NASDAQ was|SGI}}

| fate = Acquired by Hewlett Packard Enterprise

| successor =

| foundation = {{Start date and age|1982}}, San Jose, California (Rackable Systems, Inc.)

| founder =

| defunct = {{end date and age|2016|11|01}}

| location_city = Milpitas, California

| location_country = U.S.

| key_people = Jorge Titinger, President and CEO
Cassio Conceicao, Executive Vice President and COO
Eng Lim Goh, CTO
Bob Nikl, CFO

| industry = Diversified computer systems

| products = High performance computing, big data analytics, petascale storage solutions

| services = Professional and managed services

| website = {{URL|https://www.sgi.com/}}

}}

Silicon Graphics International Corp. (SGI; formerly Rackable Systems, Inc.) was an American manufacturer of computer hardware and software, including high-performance computing systems, x86-based servers for datacenter deployment, and visualization products. The company was founded as Rackable Systems in 1999, but adopted the "SGI" name in 2009 after acquiring Silicon Graphics Inc. out of bankruptcy.

On November 1, 2016, Hewlett Packard Enterprise completed its acquisition of SGI for $275 million.{{cite press release

| url = https://www.hpe.com/us/en/newsroom/news-archive/press-release/2016/08/1272793-hewlett-packard-enterprise-to-acquire-sgi-to-extend-leadership-in-high-growth-big-data-analytics-and-high-performance-computing.html

| title = Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High-Growth Big Data Analytics and High-Performance Computing

| accessdate = 2016-08-11

| date = 2016-08-11

| publisher = Hewlett Packard Enterprise

| url-status = dead

| archiveurl = https://web.archive.org/web/20160911162616/https://www.hpe.com/us/en/newsroom/news-archive/press-release/2016/08/1272793-hewlett-packard-enterprise-to-acquire-sgi-to-extend-leadership-in-high-growth-big-data-analytics-and-high-performance-computing.html

| archivedate = 2016-09-11}}{{cite press release

| url = https://www.hpe.com/us/en/newsroom/news-archive/press-release/2016/11/Hewlett-Packard-Enterprise-Completes-Acquisition-of-SGI.html

| title = Hewlett Packard Enterprise Completes Acquisition of SGI

| accessdate = 2016-11-01

| date = 2016-11-01

| publisher = Hewlett Packard Enterprise

| url-status = dead

| archiveurl = https://web.archive.org/web/20161103234625/https://www.hpe.com/us/en/newsroom/news-archive/press-release/2016/11/Hewlett-Packard-Enterprise-Completes-Acquisition-of-SGI.html

| archivedate = 2016-11-03}}

History

=Rackable Systems, Inc. era=

Rackable Systems Inc. went public in June 2005, with 6.25 million shares offered at $12 per share.{{cite news

| authorlink = Ashlee Vance

| author = Ashlee Vance

| title = RACK goes Nasdaq with humble IPO

| url = https://www.theregister.co.uk/2005/06/10/rackable_systems_ipo/

| work = The Register

| date = 2005-06-10

| accessdate = 2018-03-07

}}

In 2006, Rackable announced it had signed an agreement to acquire Terrascale Technologies, Inc.[http://investors.sgi.com/releasedetail.cfm?ReleaseID=209436 Rackable Systems, Inc. Announces Agreement to Acquire Terrascale Technologies, Inc.]

On April 1, 2009, Rackable announced an agreement to acquire Silicon Graphics, Inc. for $25 million.{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=374582

|title = Rackable Systems Announces Agreement to Acquire Silicon Graphics Inc.

|accessdate = 2016-08-11

|date = 2009-04-01

|publisher = Rackable Systems

|quote =

}} 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.{{cite press release

|url = https://www.sgi.com/company_info/newsroom/press_releases/2009/may/acquisition.html

|title = Rackable Systems Completes Acquisition of Silicon Graphics Assets

|accessdate = 2016-08-11

|date = 2009-05-11

|publisher = Rackable Systems

}}{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=381091

|title = Rackable Systems Receives Court Approval to Purchase Silicon Graphics Assets

|accessdate = 2016-08-11

|date = 2009-04-30

|publisher = Rackable Systems

}} The following week, the company changed their NASDAQ stock ticker symbol from "RACK" to "SGI".{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=384465

|title = Rackable Systems Completes Name Change

|accessdate = 2016-08-23

|date = 2009-05-18

|publisher = Silicon Graphics International

}}

=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.{{cite news

| author = Timothy Prickett Morgan

| title = Rackable Systems slips into SGI's name: Moniker change picks fame over fortune

| url = http://www.channelregister.co.uk/2009/05/11/rackable_becomes_sgi/

| work = The Register

| date = May 11, 2009

| accessdate = August 3, 2013

}}

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.{{Cite web

|title= COPAN Systems, Inc

|url= http://www.copansystems.com/

|url-status=dead

|archiveurl= https://web.archive.org/web/20090801180959/http://www.copansystems.com/

|archivedate= August 1, 2009

|accessdate= August 3, 2013 }} COPAN products were offered as part of the SGI storage line.{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=446672

|title = SGI Buys Assets of COPAN Systems

|accessdate = 2016-08-23

|date = 2010-02-23

|publisher = Silicon Graphics International

}}

In 2011, SGI acquired all outstanding shares of SGI Japan, Ltd.{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=555817

|title = SGI Acquires SGI Japan, Ltd.

|accessdate = 2016-08-23

|date = 2011-03-09

|publisher = Silicon Graphics International

}} The same year, the company announced the acquisition of OpenCFD Ltd.{{cite press release

|url = http://www.sgi.com/company_info/newsroom/press_releases/2011/august/opencfd.html

|title = SGI Acquires OpenCFD Ltd., the Leader In Open Source Computational Fluid Dynamics (CFD) Software

|accessdate = 2016-08-23

|date = 2011-08-15

|publisher = Silicon Graphics International

|url-status = dead

|archiveurl = https://web.archive.org/web/20121206010926/http://www.sgi.com/company_info/newsroom/press_releases/2011/august/opencfd.html

|archivedate = 2012-12-06

}} In December, the company announced Mark J. Barrenechea's resignation as president, chief executive officer and member of the board of directors.{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=633218

|title = Mark J. Barrenechea Resigns as CEO of SGI, Ronald D. Verdoorn Named Interim CEO

|accessdate = 2016-08-23

|date = 2011-12-14

|publisher = Silicon Graphics International

}} Mark was reported to join Open Text Corporation.{{Cite news

|title= OpenText lures new CEO from SGI: Barrenechea back to software

|author= Timothy Prickett Morgan

|date= December 19, 2011

|work= The Register

|url= https://www.theregister.co.uk/2011/12/19/opentext_lures_away_sgi_ceo/

|accessdate= August 3, 2013 }} Shortly thereafter, it was announced that Barrenechea had agreed to continue to serve on the SGI board.{{cite press release

|url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=635320

|title = Mark J. Barrenechea to Remain a Member of SGI's Board of Directors

|accessdate = 2016-08-23

|date = 2011-12-27

|publisher = Silicon Graphics International

}}

In February 2012, it was announced that Jorge Luis Titinger would become SGI's president and chief executive officer.{{cite press release

| url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=650975

| title = SGI Announces New President and CEO Jorge Luis Titinger

| accessdate = 2016-08-23

| date = 2012-02-23

| publisher = Silicon Graphics International}}{{cite web

| title = Board of Directors

| publisher = Hispanic Foundation of Silicon Valley

| url = http://www.hfsv.org/about-board.html

| accessdate = August 3, 2013}}

In 2013 SGI acquired FileTek, Inc.{{cite press release

| url = http://investors.sgi.com/releasedetail.cfm?ReleaseID=794324

| title = SGI Acquires FileTek

| accessdate = 2016-08-23

| date = 2013-10-01

| publisher = Silicon Graphics International}}{{cite news

| author = Chris Mellor

| title = SGI buys out FileTek, strolls into StorHouse and puts its feet up

| url = https://www.theregister.co.uk/2013/10/03/sgi_buys_filetek_to_become_a_storhouse/

| work = The Register

| date = 2013-10-03

| accessdate = 2016-08-23}}

On August 11, 2016, it was announced that Hewlett Packard Enterprise would acquire SGI for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt. The deal was completed on November 1, 2016.{{cite news

| author = Iain Thomson

| title = OMG: HPE gobbles SGI for HPC. WTF?

| url = https://www.theregister.co.uk/2016/08/11/hpe_buys_sgi/

| work = The Register

| date = 2016-08-11

| accessdate = 2016-08-23}}