Likewise Joe, watching the demise of SGI has been incredibly hard to fathom. This was a great company with tons of energy/potential and did right by their employees back in the day. I think this is why so many of us feel for the company and its current employee base.
-----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Joe Landman Sent: Wednesday, April 01, 2009 5:57 AM To: Kilian CAVALOTTI Cc: [email protected] Subject: Re: [Beowulf] Rackable / SGI Kilian CAVALOTTI wrote: > On Wednesday 01 April 2009 13:58:22 John Hearns wrote: >> http://www.sgi.com/company_info/newsroom/press_releases/2009/april/rackable >> .html >> >> Not an April Fools. > > Whoa. That, and IBM eating Sun, the market is really shrinking... Read the note from SGI. This was done as a bankruptcy filing this morning, and not all liabilities are going over. That is, it is an asset purchase. Creditors may still object, and force this to be a chapter 7 filing (sell the thing bit by bit). I had been wondering if they had made their $5M debt service payment on friday, and whether or not their creditors believed them to be in default. The speed of this and its construction, have a feel of a "rush" job ... last minute to stave off a complete shuttering and sale. I sympathize with my friends and former co-workers at the company ... this is a whopper of a layoff ... with likely no severance (SGI was ~3x Rackable's size w.r.t. people, and I would bet only a small fraction will follow the asset sale, if Rackable makes them an offer). Sad day. As for the market shrinking, well ... this does happen. We (Scalable) are happy to help customers out (service/support on existing systems, new clusters/storage), as is Don's company (Penguin), as are other companies here. Some of us are doing well and growing. Joe -- Joseph Landman, Ph.D Founder and CEO Scalable Informatics LLC, email: [email protected] web : http://www.scalableinformatics.com http://jackrabbit.scalableinformatics.com phone: +1 734 786 8423 x121 fax : +1 866 888 3112 cell : +1 734 612 4615 _______________________________________________ Beowulf mailing list, [email protected] To change your subscription (digest mode or unsubscribe) visit http://www.beowulf.org/mailman/listinfo/beowulf _______________________________________________ Beowulf mailing list, [email protected] To change your subscription (digest mode or unsubscribe) visit http://www.beowulf.org/mailman/listinfo/beowulf
