Silicon Graphics
Status: Filed Chapter 11 in April; sold for fire-sale price of $25 million to server maker Rackable Systems.
Revenue: $354 million
Debt: $526 million
Summary: The early graphic-design innovator had a heady run in the '90s, when it created special effects for blockbusters like Jurassic Park and Terminator 2. But competitors started selling hardware that made it easy for those effects to be done on PCs at a much lower cost. SGI also made some wrong bets, like backing an Intel chip that never took off, as well as some bad acquisitions.
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