Rackable Systems (RACK) has completed its acquisition of the former Silicon Graphics Inc. and will adopt SGI as its new name, the company said today.

Rackable Systems (RACK) has received court approval to acquire substantially all of the assets of Silicon Graphics, Inc. (SGI) for $42.5 million in cash.

In this video from Uptime Symposium 2009, George Skaff and Lior Pastor from Rackable Systems (RACK) explain the innovations in the CloudRack C2 and server trays.

Rackable Systems (RACK) will buy Silicon Graphics, Inc. (SGIC) in a pre-packaged bankruptcy deal designed to boost the company's position in the high-performance computing market.

Rackable Systems (RACK) has introduced a new version of its CloudRack enclosure that can operate in environments as hot as 104 degrees, offering customers the option of saving energy costs by raising the temperature in their data center.

The fast-growing social network MyYearbook.com will buy servers from Rackable Systems (RACK) to support its infrastructure expansion.

Rackable Systems (RACK) didn't recognize any revenue from sales of its ICE Cube data center container product in 2008, the company said yesterday.

Rackable Systems (RACK) reported yesterday that annual spending on the company's servers and storage by Microsoft and Yahoo plunged by $114 million in 2008.

Rackable Systems (RACK) today disclosed a new server architecture that can pack up to 264 low-power "MicroSlice" servers in a cabinet.

Server vendor Rackable Systems, Inc. (RACK) has laid off 15 percent of its workforce and sharply lowered financial projections for fiscal year 2009.