Posted on Wednesday, May 13 2009 @ 0:00 CEST by Thomas De Maesschalck
Bright Side of News
reports Rackable Systems will rename itself to Silicon Graphics Inc.:
However, Rackable Systems [NASDAQ: RACK] announced that its acquisition of Silicon Graphics does not mean the end of the legendary company. In order to boost its presence on international markets, the company decided to rename itself into SGI.
While Rackable Systems is a known brand in the North American markets, most of the world recognizes the name SGI above Rackable. Given the headcount, one could argue that SGI ate Rackable, not the other way around. Rackable Systems were consisted of 300 people, while the new company will have 1300 employees, with most of the head-count coming from the SGI.
