In December 2008, SGI accustomed a delisting notification from NASDAQ, as its bazaar amount had been beneath the minimum $35 actor claim for 10 after trading days, and additionally did not accommodated NASDAQ's another requirements of a minimum stockholders' disinterestedness of $2.5 actor or anniversary net assets from continuing operations of $500,000 or more.[25]
On April 1, 2009, SGI filed for Chapter 11 again, and appear that it would advertise essentially all of its assets to Rackable Systems for $25 million.[26] The sale, ultimately for $42.5 million, was accomplished on May 11, 2009; at the aforementioned time, Rackable appear their acceptance of "Silicon Graphics International" as their all-around name and brand.[27][28] The Bankruptcy cloister appointed continuing affairs and hearings for June 3 and 24, 2009, and July 22, 2009.[29][30][dated info]
After the Rackable acquisition, Vizworld annual appear a alternation of six accessories that account the atrophy of SGI.
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