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SGI receives court approval for bankruptcy motions

Chippewa Falls, Wis. - Silicon Graphics, Inc. has received interim approval from a New York bankruptcy court to use its $70 million financing facility to fund day-to-day business operations during a reorganization process.

The approval came during a hearing in which the U.S. Bankruptcy Court for the Southern District of New York granted approval of......

Full article >>> remained committed to the Wisconsin community, where it has operated a manufacturing plant for more than 10 years.

The company's restructuring also was to include the consolidation of its computer server and visualization platform, the pursuit of new markets, and expansion of its line of Altix servers.

Among the Wisconsin plant's signature achievements is its role in the developm......

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Source:wistechnology.com By Joe Vanden Plas 05/14/06


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