Silicon Graphics to be acquired by Rackable Systems

Fudzilla: "Silicon Graphics has surely had a problematic decade, as its latest filing for Chapter 11 bankruptcy protection is not the first in the company's history. Bear in mind that this is not bankruptcy in the common sense of the word, as Chapter 11 allows for a chance to reorganize under certain laws, and you can learn more about it here. As a result, the company yesterday announced that it will be acquired by Rackable Systems. "

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