Silicon Graphics enters Chapter 11 protection

Oh dear

By INQUIRER staff

Mon May 08 2006, 12:36

OLD IT timer Silicon Graphics has filed for Chapter 11 bankruptcy protection, a move that will hurt Intel. SGI is a major Itanium customer.

The sad news comes after the firm lost both its CFO, its COO and its CEO earlier this year. In November last year, its shares were suspended on the New York Stock Exchange. µ

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Silicon Graphics enters Chapter 11 protection

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