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On August 11, 2016, it was announced that Hewlett Packard Enterprise would acquire SGI for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt. The deal was completed on November 1, 2016.
Aug 15, 2016 · Hewlett Packard Enterprise (HPE) has just bought SGI in a deal costing the self-styled oldest startup in Silicon Valley $275 million. SGI was founded as Silicon Graphics Computer Systems in 1981 and was one of the biggest names in high-performance computing (HPC), initially specialising in 3D graphics workstations.
Hewlett Packard Enterprise acquired Silicon Graphics International in November 2016, which allowed HPE to place the SGI Pleiades, a TOP500 supercomputer at NASA Ames Research Center, in its portfolio.
- Early Days
- SGI RISC Era
- OpenGL Is Born
- A Short-Lived Supercomputer Venture
- Trouble in Graphics-Land, Demise
Silicon Graphics got its start in a day when most people did not even have a home computer. The year was 1982. James Clark left his job at Stanford University, where he was an associate professor of electrical engineering with the vision of creating powerful computers that could perform the complex computations required in 3D animation. On his depa...
In the early 1990s, SGI introduced its first RISC systems. In 1991, the company produced its first 64-bit Crimson workstations powered by MIPS R4000 microprocessors. In a bid to secure a steady supply of MIPS processors, SGI bought the company, renaming it MIPS Technologies, Inc. in 1992. The acquisition of MIPS opened the door to other business ve...
In 1992, SGI decided that IRIS GL had become too complex, but it did not want to abandon it and start from scratch. Instead, developers re-engineered the API and began licensing it at little cost to its competitors. And OpenGL was born. The move allowed programmers to write cross-platform 3D graphics programs that were just as fast and efficient as...
In February 1996, SGI decided to dabble in the supercomputer business with the purchase of Cray Research for $740 million. It renamed the company "Cray Business Systems Division," and began working to develop technology (branded CrayLink) that could be integrated into SGI's high-end server line. This venture turned out to be very short-lived. SGI t...
June 2001 also marked the beginning of the end of SGI. In 2003, the company vacated its headquarters in Mountain View, California and leased the building to Google. The following year, it sold off Alias/Wavefront, and by November 2005, SGI was delisted from the New York Stock Exchange after six consecutive years of declining sales. SGI filed for Ch...
- Cal Jeffrey
Oct 25, 2024 · SGI filed for bankruptcy in 2009 and was acquired by the computer hardware manufacturer Rackable Systems, which then changed its name to Silicon Graphics International. Hewlett Packard Enterprise acquired Silicon Graphics International in 2016.
Hewlett Packard Enterprise has completed its acquisition of the HPC veteran, SGI, formerly Silicon Graphics, for $275 million. HPE hopes to use SGI’s server business, which is aimed at the high-performance computing (HPC) market, to bolster its own its HPC hardware portfolio.
Nov 1, 2016 · PALO ALTO, Calif., Nov. 1 — Hewlett Packard Enterprise (NYSE: HPE) today announced that it has completed its acquisition of SGI, a global leader in high performance solutions for compute, data analytics […]
