SiliconBunny News

To support faster time to market and achieve more reliable aerospace components, Hamilton Sundstrand, a division of United Technologies Corporation, purchased high performance compute and storage technology from Silicon Graphics (OTC: SGIDE) .
Hamilton Sundstrand, which manufactures a large variety of components and systems for commercial and military aircraft as well as space and marine systems, has attained impressive speed-ups of computation-intensive structural analysis and computational fluid dynamics (CFD) analysis since the large shared memory SGI(R) Altix(R) system and SGI InfiniteStorage scalable high-performance storage systems were installed as part of the company's migration from Unix(R) OS-based systems to the Linux(R) OS environment.
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Silicon Graphics (OTC: SGIDE) today announced that it has reached agreement with Morgan Stanley on a $130 million financing facility. The new financing
agreement, which will be used to fund day-to-day operations during the Company's previously announced reorganization process, will consist of a $100 million term loan and a $30 million revolving line of credit. The new financing agreement will replace the $70 million financing facility, announced on May 8, 2006, and the pre-petition credit facility with Wells Fargo Foothill, part of Wells Fargo & Company, and Ableco Finance LLC.
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In the race to
fight AIDS, researchers have long worked to view the moments at which
"starter molecules" for HIV are most vulnerable to new drugs. With help
from the National Center for Supercomputing Applications (NCSA) and Silicon
Graphics (OTC: SGIDE), a group of scientists from Stony Brook University in New York have done just that. The breakthrough comes as the world marks the 25th anniversary of the discovery of HIV.
Working on an SGI(R) Altix(R) system located at NCSA, the Stony Brook team recently achieved computer simulations that offer insight into the mechanics of HIV protease, a molecule that slices the pre-HIV protein chain into pieces that ultimately evolve into a mature virus. By modeling how HIV protease works across time, researchers hope to determine how best to target it with medicines that could stop the molecule from doing its job and thus prevent the HIV virus from developing altogether.
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Dennis McKenna has been in one of the technology industry's most thankless jobs for five months. No, he's not in Itanium marketing, or even Wikipedia's press officer. The CEO has the task of nursing one of Silicon Valley's most storied names, Silicon Graphics Inc., out of bankruptcy. And as you might expect, he reckons the only way for yesterday's Google is up.
McKenna was in London outlining his plans this week, and he dwelt tantalizingly, and briefly, on some of the issues we've highlighted recently. Particularly Rick Belluzo's brief trail of destruction through the company. But more on that in a moment.
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SILICON GRAPHICS (SGI) has plumped for Intel’s ‘Woodcrest’ Xeon 5100 processor as its chip of choice to power a new family of Linux servers due to be announced at the end of June and ship in July.
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Web search leader Google Inc. said on Wednesday it plans to pay $319 million for property and buildings, including its headquarters in Mountain View, California, to accommodate a growing work force.
The purchases includes Google's existing headquarters at 1600 Amphitheatre Parkway, which the company had been subleasing, and nearby buildings that are home to Silicon Graphics Inc., formerly a successful Silicon Valley technology firm that is now in bankruptcy.
While Google will now own the buildings outright, it will also assume Silicon Graphics' lease payments to the city of Mountain View, which owns the land, spokesman Barry Schnitt said. The properties together total about 978,000 square feet, Google said.
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Silicon Graphics (OTC Bulletin Board: SGIDE) reached an important milestone in its restructuring efforts by filing its Joint Plan of Reorganization. SGI plans to file its Disclosure Statement by June 30.
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Silicon Graphics Inc will seek to claw back cash from a raft of companies that it believes have been infringing on its patents, Computer Business Review has learned, hauling them through the courts if necessary.
The company will use the enforcement of its intellectual property rights as one way of raising some much-needed cash. The company has been struggling to pay its debts as fast as possible after filing for Chapter 11 bankruptcy protection in early May.
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Silicon Graphics (OTC: SGID) today announced it has gained the support of its Official Committee of Unsecured Creditors and the largest holder of its Subordinated Debentures on a proposed reorganization plan. This is important milestone in SGI's reorganization process. The development paves the way for a speedy exit from Chapter 11 as a public company. The Company anticipates filing an amended Plan of Reorganization together with a Disclosure Statement by June 30, 2006.
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Silicon Graphics has announced another high-performance computing (HPC) first: the world's largest computer to operate under a single copy of the Linux OS.
On its SGI Altix 4700 blade platform and a beta version of SUSE Linux Enterprise Server 10 from Novell, SGI demonstrated a single system image (SSI) running on a world-record 1,024 processors. Until that moment, the largest Linux SSI operated on 512 processors -- another SGI record.
SGI heralded the achievement as the world's top HPC innovators arrive in Dresden, Germany for the 21st International Supercomputing Conference.
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