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SGI Warns That Bankruptcy Might Be Year-End Option

Posted by ryuzaki0 on from the one-foot-in-the-grave dept.

tbcpp writes "OS News reports: "SGI issued its most ominous regulatory filing to date, warning that a bad 2006 could force the former high-flyer into bankruptcy. In order to improve its business, SGI will consider measures ranging from axing or selling off product lines to pursuing 'a strategic partner or acquirer.' The hardware maker will basically look at anything and everything to remain a going concern.""

1 of 307 comments (clear)

  1. Re:Killed by Belluzzo and Itanium. by bani · · Score: 0, Offtopic

    SGI didn't switch to Itanium until they no longer had the money to keep MIPS competitve.

    Ok, what's HP's excuse then? Or DEC?