Stefan Mileschin

Hewlett Packard Enterprise has written a cheque for SGI, a company that makes servers, storage, and software for high-performance computing.

The deal set HPE back $275 million in cash and debt.

SGI was started in 1981 by Jim Clark, who later cofounded Netscape. It has been declining for years and was de-listed from the New York Stock Exchange, and filed for Chapter 11 bankruptcy in 2009. It was bought by Rackable Systems, which later adopted the SGI branding.

http://www.techeye.net/business/hpe-...ing-outfit-sgi