That said, Roy noted that SGI would continue to try and support LNXI’s existing customers with SGI’s service offering and with the staff that may come over from LNXI. “We believe we have an excellent product line today and don’t need to offer additional products today that could add to the complexity of our business,” Roy said. Roy added that the LNXI technology components will over time find their way into SGI products to help accelerate SGI’s road map. She commented that LNXI has some key large system cluster management technology that SGI is keen to take advantage of. Roy noted that the benefit of the acquisition is on the technology and not the product side. While SGI is acquiring LNXI, SGI is not planning on adding LNXI products to the SGI product portfolio. Roy commented that SGI has made offers to LNXI staff and management but have not yet received all of the replies, though she noted most were positive so far. It is not yet clear how many of LNXI’s staff will be joining SGI. “This represents the first of such key technology acquisitions and will help further the development of our software environment and support for our clustered systems,” he said. “This is another significant step in the growth of SGI,” said Bo Ewald, SGI CEO, in a statement. Ewald was CEO of Linux Networx until April 2007. The acquisition will also reunite SGI CEO Bo Ewald with his former company. SGI’s shares closed at $17.91 at the end of trading on Feb 15.Īs part of the acquisition, SGI is acquiring Linux Networx technology as well as patents that cover cluster optimization, design, power and cooling. SGI is acquiring LNXI for 390,000 shares.
Barely out of bankruptcy itself Silicon Graphics (SGI) acquired troubled high-performance computing vendor Linux Networx (LNXI).
0 kommentar(er)
