:The Register: SGI to Emerge from Bankruptcy Cocoon
The Register: SGI to Emerge from Bankruptcy Cocoon Sep 21, 2006, 15 :00 UTC (3 Talkback[s]) (5097 reads) (Other stories by Ashlee Vance)
"SGI is ready to become emergent all over again. A judge has okayed the company's reorganization plan, paving the way for it to come out of bankruptcy protection in October.
"The 'new' SGI will be a trimmed down version of its former self with just 1,600 staff. In addition, it will have a new board of directors to complement new CEO Dennis McKenna. With so much newness on its side, SGI expects to reach profitability in fiscal 2007..."
