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SGI Files For Bankruptcy Protection

When I first entered the industry, may I add before their was any such thing called Final Cut Pro, a Silicon Graphics box was the de facto standard hardware to have if you were serious about 3D graphics and animation. The former hardware giant, Silicon Graphics Incorporated, filed for chapter 11 this month in attempt to crawl out from underneath a mountain of debt. This isn't the first time SGI has had to try something new. In 2000, SGI switched from making supercomputers to focusing on much more tightly niched markets only to find their standing with investors in a steady decline. SGI plans on being reorganized and out of bankruptcy protection in six months.

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