And today they announced they where filing a chapter 11 to try to get rid of some debt.
A few debt holders have agreed to cancel debt in exchange for a shared in the company.
It's truly sad, I'm a bit fan of (some) SGI technology, the numalink is an awesome interconnect and the old O2 workstations was an amazing product when they where introduced. If I had the space I would get one just for nostalgia reasons.
Read the official press release

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