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SGI Sells Alias Subsidiary to Accel-KKR
dmehus writes "SGI on Thursday announced it has agreed to sell its Alias subsidiary for $57.5 million in cash to Accel-KKR. Interestingly enough, Accel-KKR owns GroceryWorks, which powers and provides the online version of Safeway. After transaction costs and other items, SGI said it expects net proceeds from the sale come in line at $50 million. Slashdot covered this story in February, saying that SGI was rumoured to be in talks with an unnamed private equity firm, but now it is confirmed."
"SGI on Thursday announced it has agreed to sell its Alias subsidiary for $57.5 in cash to Accel-KKR."
I'll pay $58!!
Damn right... Tim, will you be my business partner? I've got a 20 pound note right here. matt.
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To have a right to do a thing is not at all the same as to be right in doing it
Maybe they want to use Maya to make it look like there are vast hordes of customers in their client's grocery stores?
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That that was the price of a single seat license for Wavefront.
Can a fully-3D online Safeway store with advanced texture mapping, particle physics and inverse-kinematics be far off?
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