Silicon Graphics Agrees to Spin Off European Broadcast Operations to SGI Japan

Silicon Graphics News

As a continuation of its strategic agreement with SGI Japan, Silicon Graphics (OTC: SGID) announced today that it has reached a preliminary agreement to spin off Silicon Graphics Broadcast Europe which has served as a dedicated broadcast business unit in EMEA since 2004. The European broadcast group will become an independent SGI reseller through a 100-percent investment by SGI Japan Ltd.
In November 2001, SGI entered into a long-term exclusive distribution agreement with SGI Japan to supply SGI equipment, services and solutions in Japan. SGI Japan is jointly owned by SGI, NEC and NEC Soft. Under the agreement, Silicon Graphics Broadcast Europe will be named Silex Media and continue to provide SGI-based solutions to broadcast customers throughout Europe. Silex Media will become an asset of SGI Japan.
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SGI Reports Preliminary Third Quarter Financial Results

Silicon Graphics News

Silicon Graphics (OTC: SGID), a leader in high performance computing today announced preliminary financial results for its third fiscal quarter ended March 31, 2006.
Based on preliminary data available at this time, the Company expects revenue of approximately $108 million for the third fiscal quarter as compared to its guidance of $140 million to $160 million. The Company’s cost reduction initiatives continue to be on track, although there continue to be significant restructuring and professional advisory fees associated with the turnaround efforts.
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New SGI Computing and Storage Solutions Help Broadcasters and Production Facilities Collaboratively Manage Content Across Their Enterprise, Increasing Productivity and ROI

Silicon Graphics News

Leveraging its expertise in providing Information Technology (IT) infrastructures designed to efficiently manage massive amounts of data for broadcast and post-production workflows, Silicon Graphics (OTC: SGID) takes digital content management to the next level with new collaborative management solutions at NAB 2006, April 24-27 in Las Vegas.
Making their NAB debut (Booth# SL3764) are new SGI(R) systems that together serve as shared computing and storage resources enabling customers to create the highest quality content through collaborative management of their media throughout their enterprise.
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SGI Opteron boxes to tip up soon

Silicon Graphics News

WE HAVE LONG heard rumors of SGI AMD-based products surfacing, but every time we did, the oft-mentioned, red-throated reliable sources told us that the project had been canceled.
It looks like said sources are wrong, according to a release by Interactive Supercomputing found on Linux Electrons, there is a version of the Star-P compiler coming out for SGI Opteron boxes.
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Autodesk Introduces Discreet Inferno Visual Effects System on Linux Operating System

Silicon Graphics News

Autodesk, Inc. (Nasdaq: ADSK) today launched its Academy Award-winning Discreet Inferno visual effects system running on the Linux operating system. The Discreet Inferno system enables the world’s top digital artists in broadcast facilities, post-production houses and film studios to deliver extraordinary moving imagery. This system contains a robust creative toolset for high-speed compositing, advanced graphics and interactive design.
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