Man, the difference a few
decades makes. In the 90s, Silicon Graphics helped create silver screen mega-hits like Jurassic Park
and Terminator 2
, and in 1997, its fiscal year sales totaled $3.66 billion. Today, the company's mired in its second bankruptcy, which has occurred just three years after the first
. In order to just terminate the dream before it gets any more nightmarish, SGI has announced plans to sell itself to Fremont-based Rackable Systems for a mere $25 million -- and some analysts are even concerned that the suitor here could be sinking its teeth into a sour deal. The agreement still has to be approved by a bankruptcy judge, and of course, there's still a few more inches of red tape to cut through, but we'll be sure to let you know when the fantasy ends and the wake begins.