Rackable Systems said today that it has completed its legal name change to "Silicon Graphics International Corp." and will also change its NASDAQ stock ticker symbol from RACK to SGI, effective today. There had been initial reports that the company would continue to trade under RACK. Please update your portfolios accordingly.
"Leveraging a unified SGI brand will enable us to communicate more effectively to our customers and partners around the globe," Mark Barrenechea, president and CEO of SGI. "Implementing the new trading symbol better aligns our corporate brand with our vision."