What happened to SGI's stock?What Led to SGI's De-listing from NASDAQ and NYSE?

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In summary, SGI (Silicon Graphics Inc.) has been de-listed from the New York Stock Exchange. Despite their past innovations, such as the creation of the Altix and Onyx systems, changes in leadership, branding, and focus on Linux and NT workstations have contributed to their downfall. However, SGI still dominates in certain industries, such as HDTV compositing with their Onyx systems. While Inferno, a software used exclusively with the Onyx, has been ported to Linux, its high-end capabilities require the XIO crossbar's bandwidth. It is also worth noting that Alias-Wavefront, who owns Discreet, is now owned by Autodesk.
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graphic7
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SGI de-listed from NYSE

It saddens me to see a company like SGI, that produced so much innovation, go down the drain. I think SGI's downfall is for 1) they fired the founder 2) changed the logo :smile: 3) backed Linux 4) produced NT workstations 5) created the Altix and 6) killed the newest processor on the MIPS line.
In many ways, SGI still dominates. SGI Onyx systems are still used exclusively for the purpose of HDTV compositing with Discreet Inferno. (Discreet Inferno will only run on the Oynx). No peecee has enough bandwidth to do multiple HDTV streams, like the Onyx has (XIO crossbar ~3GB/s). PCIe 16x is beginning to approach this, but SGI created the XIO crossbar in 96'. ;)
 
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I didn't know Alias-Wavefront owned Autodesk. :wink:

Also, I'm pretty sure Inferno works on Linux. Smoke, Flint, etc do.
 
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dduardo said:
I didn't know Alias-Wavefront owned Autodesk. :wink:
Also, I'm pretty sure Inferno works on Linux. Smoke, Flint, etc do.

Nope, Inferno is Onyx only. Fire; however, has been ported to Linux. Like I said, you need the bandwidth the XIO crossbar offers to do high-end HDTV compositing. Take a look at the usage of "Onyx" in Inferno's tech specs:

http://images.autodesk.com/adsk/files/Inferno_65_TechSpecs.pdf

Woops, don't know why I thought Alias-Wavefront owned Discreet.
 
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FAQ: What happened to SGI's stock?What Led to SGI's De-listing from NASDAQ and NYSE?

What does it mean for a company to be de-listed from NASDAQ?

Being de-listed from NASDAQ means that a company's stock is no longer listed and traded on the NASDAQ stock exchange. This can happen for various reasons, such as failing to meet the exchange's listing requirements or violations of securities laws.

Why was SGI de-listed from NASDAQ?

SGI, also known as Silicon Graphics International, was de-listed from NASDAQ in 2016 due to its inability to maintain a minimum closing bid price of $1 per share for 30 consecutive trading days. This is a requirement for companies listed on NASDAQ.

What happens to a company's stock when it is de-listed from NASDAQ?

When a company is de-listed from NASDAQ, its stock will no longer be traded on the exchange. However, the stock may still be traded on other stock exchanges or over-the-counter markets. The value of the stock may also decrease significantly.

Can a de-listed company be re-listed on NASDAQ?

Yes, a de-listed company can apply to be re-listed on NASDAQ if it meets the exchange's listing requirements. This process can involve providing financial reports, demonstrating compliance with securities laws, and paying fees.

How does being de-listed from NASDAQ affect a company's operations?

Being de-listed from NASDAQ can have a significant impact on a company's operations. It may make it more difficult for the company to raise capital, as investors may be less likely to invest in a company that is not listed on a major stock exchange. It can also damage the company's reputation and make it harder to attract and retain top talent.

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