internetnews.com: SGI Sheds Graphics Software Business

“Aiming to focus on its specialty for selling high-performance
computing systems, Silicon Graphics (SGI) Thursday agreed to sell
its Alias graphics software business to investment firm Accel-KKR
for $57.5 million in cash.

“SGI, which expects to realize some $50 million in net proceeds
after capital adjustments and transaction costs, said in a
statement the deal would help the company focus on high-performance
Linux systems.

“The move had been expected for some time. SGI said in February
it was negotiating to sell its graphics software business in order
to focus on improving its current computing line of high-end
computing and storage servers and visualization software. SGI also
offers workstations and advanced graphics systems on its IRIX
operating system…”

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