Silicon Graphics International
| Company type | Public |
|---|---|
| Industry | Advanced computing solutions |
| Predecessor | Rackable Systems, Inc. |
| Founded | 1999 |
| Fate | Acquired by Hewlett Packard Enterprise |
| Headquarters | Milpitas, California , United States |
Key people | Jorge Titinger (President and CEO), Cassio Conceicao (EVP and COO), Eng Lim Goh (CTO), Bob Nikl (CFO) |
| Products | x86 servers, petascale storage systems, big data analytics services, visualization technology |
| Parent | Hewlett Packard Enterprise (from November 1, 2016) |
Silicon Graphics International Corp. (SGI; originally known as Rackable Systems, Inc.) was an American company specializing in the production of advanced computing solutions, including x86 servers designed for data centers and visualization technology. Established in 1999 under the name Rackable Systems, the firm rebranded to SGI in 2009 following its acquisition of Silicon Graphics Inc., which was emerging from bankruptcy.
Based in Milpitas, California, SGI focused on a broad range of computing platforms, delivering offerings such as petascale storage systems and big data analytics services. The executive leadership team featured Jorge Titinger as President and CEO, Cassio Conceicao serving as EVP and COO, Eng Lim Goh as CTO, and Bob Nikl fulfilling the role of CFO.
Hewlett Packard Enterprise finalized the purchase of SGI on November 1, 2016, for $275 million, thereby strengthening its footprint in rapidly expanding sectors like high-performance computing and big data analytics.
Period as Rackable Systems, Inc.
Rackable Systems Inc. entered the public market in June 2005 by issuing 6.25 million shares priced at $12 each.
In 2006, the company entered into an agreement to acquire Terrascale Technologies, Inc.
On April 1, 2009, Rackable announced its intent to acquire Silicon Graphics, Inc. for $25 million, with the transaction closing at $42.5 million on May 11, 2009. Following this acquisition, Rackable adopted the "SGI" name globally and updated its NASDAQ ticker symbol from "RACK" to "SGI" within the next week.
Silicon Graphics International Corp. period
After completing the acquisition, SGI managed two principal product categories: Rackable’s servers and storage systems; alongside Silicon Graphics’ servers, storage units, visualization products, and professional services. The company planned to continue most existing product lines while streamlining overlapping offerings.
In 2010, SGI expanded its storage capabilities by acquiring COPAN Systems’ assets and integrating their archive storage products into its portfolio.
The following year, SGI purchased all remaining shares of SGI Japan, Ltd., and subsequently acquired OpenCFD Ltd., a prominent provider of open-source computational fluid dynamics software. In December 2011, CEO Mark J. Barrenechea stepped down but stayed on as a board member while transitioning to Open Text Corporation.
Jorge Luis Titinger was named SGI’s president and CEO in February 2012.
In 2013, SGI further enhanced its storage solutions through the acquisition of FileTek, Inc.
On August 11, 2016, Hewlett Packard Enterprise revealed plans to acquire SGI for approximately $275 million in cash at $7.75 per share. The deal was finalized on November 1, 2016.