The company was founded as Rackable Systems in 1999, but adopted the "SGI" name in 2009 after acquiring Silicon Graphics Inc. out of bankruptcy.

On November 1, 2016, Hewlett Packard Enterprise completed its acquisition of SGI for $275 million.

History

Rackable Systems, Inc. era

Rackable Systems Inc. went public in June 2005, with 6.25 million shares offered at $12