SILICON GRAPHICS TIMELINE
1982
Professor Jim Clark leaves Stanford University to develop 3-D computer graphics technology, founding Silicon Graphics.
1984
Unveils the first high-end 3-D workstation computer.
1986
Initial public offering raises $17.2 million.
1992
Buys ailing chip maker MIPS Computer Systems for $228 million.
1994
Clark resigns as chairman and starts Mosaic Communications around the vision of programmer Marc Andreessen.
1995
Acquires graphics software firms Alias Research and Wavefront Technologies for $500 million.
1996
Acquires supercomputer company Cray Research for $740 million.
1997
Posts annual fiscal year revenue of $3.66 billion.
1998
Rick Belluzzo leaves Hewlett-Packard to become CEO of SGI; company spins off MIPS Technologies.
1999
Belluzzo abruptly resigns to join Microsoft.
2000
Sells Cray to supercomputing startup Tera Computer for $22 million.
2003
Vacates Mountain View headquarters and leases the buildings to Google.
2004
Sells Alias Systems (formerly Alias/Wavefront) to investment firm Accel-KKR for approximately $58 million.
2005
In July, hires turnaround company Alix Partners to look at options after six straight years of shrinking sales and red ink. Delisted from the New York Stock Exchange on Nov. 7.
May 2006
Files for Chapter 11 bankruptcy protection.
October 2006
Emerges from Chapter 11.
November 2007
Shareholder Southpaw Asset Management pushes for Silicon Graphics to be sold due to the company’s declining stock value.
Aug. 28, 2008
Posts $354.1 million revenue for fiscal 2008, a 24-percent drop from the previous year.
Dec. 2, 2008
Nasdaq warns that Silicon Graphics’ stock may be delisted because of the company’s financial problems.
April 1, 2009
Files again for Chapter 11 and announces it has agreed to sell itself to Rackable Systems of Fremont for $25 million.
Source: Mercury News reporting and archives
