Linked by Thom Holwerda on Thu 6th Jul 2006 19:40 UTC
SGI and IRIX SGI hopes to emerge as a leaner, meaner organisation by the end of the third quarter. The hardware maker this week filed an amended reorganisation plan that calls for it to finish off bankruptcy proceedings by September. If all goes as expected, SGI will trim its total debt down to USD 70m from USD 345m. Some of the debt will be removed in exchange for the privilege of investing more money in SGI 2.0.
Thread beginning with comment 141036
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE[4]: Out of caviar...
by xxmf on Fri 7th Jul 2006 10:39 UTC in reply to "RE[3]: Out of caviar..."
xxmf
Member since:
2006-06-15

"- It's incorrect. Lowest latency & highest bandwidth, supersize IO, largest memory - none of it. "

OK, who else built a 13TB machine?

For the other. What is wrong with storage sales, when the storage sales are in fact driven by the IO architecture?
What is wrong with selling to national labs for that matter...

but to answer your question: yes they have rather niche/boutique customer list and need to break out into the commercial enterprise space. The sad fact is altix is a good engine from that, but those people are very conservative - they switch supplier rarely and certainly not for a co. in the financial mess sgi got itself into.

Yes I didn't respond about whether sgi will do well post-11, and they can't be a pure storage play I agree. What I understand is that part of the problem that is preventing them from geting into a profitable scenario is the ongoing costs associated with that 280M debt, as well as a bunch of other burdens associated with once being a Big Company^tm. The 11 gives them the wiggle room to fix some issues, obviously they have to be doing better on an ongoing basis too, but lowering the bar doesn't hurt at all.

Reply Parent Score: 1