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Silicon Graphics filed for Chapter 11 bankruptcy protection
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Silicon Graphics filed for Chapter 11 bankruptcy protection
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8th May 2006, 20:29
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| Madshrimp  Join Date: May 2002 Location: 7090/Belgium
Posts: 79,022
 | Silicon Graphics filed for Chapter 11 bankruptcy protection BOSTON, May 8 (Reuters) - Silicon Graphics Inc. known for computers that create special effects for Hollywood movies, on Monday filed for Chapter 11 bankruptcy protection, sending the once-hot technology company's shares plunging 82 percent. SGI said it expects to be out of Chapter 11 within six months.
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