[sllug-members]: [sllug-members] More on the SGI buyout of Linux Networx

[Nelson H. F. Beebe]

The story at

        http://cwflyris.computerworld.com/t/2768420/419952/98901/2/

begins

>> ...
>> SGI buys assets of CEO's former employer
>> Deal with Linux Networx gives Silicon Graphics added high-performance
cluster technology
>> By Patrick Thibodeau
>>
>> February 14, 2008 (Computerworld) Silicon Graphics Inc. has rebounded
>> enough from its financial woes to expand through acquisition,
>> announcing Thursday that it has acquired the assets of
>> high-performance cluster maker Linux Networx Inc.
>>
>> And SGI CEO Robert "Bo" Ewald certainly knew what he was buying. Prior
>> to taking the top job at SGI last April, Ewald was chairman and CEO of
>> Bluffdale, Utah-based Linux Networx.
>>
>> SGI said it acquired software, patents and other technology from Linux
>> Networx in a stock-swap deal that closed today and is aimed at further
>> advancing SGI's high-performance computing offerings. The purchase
>> price wasn't disclosed.
>>
>> ...
>>
>> For the quarter that ended in December, SGI reported revenue of $90.1
>> million and an operating loss of $30.8 million. But on the plus side,
>> the company said that it booked $100 million worth of business in the
>> quarter, a 30% gain from the previous three-month period.
>> ...

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- Nelson H. F. Beebe                    Tel: +1 801 581 5254                  -
- University of Utah                    FAX: +1 801 581 4148                  -
- Department of Mathematics, 110 LCB    Internet e-mail: beebe at math.utah.edu  -
- 155 S 1400 E RM 233                       beebe at acm.org  beebe at computer.org -
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