RACK Becomes SGI on Ticker

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.”

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About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.

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