SGI sells Alias

SGI announced today they have sold the Alias division to Accel-KKR, a technology-focused private equity investment firm.

The press release shows the usual boilerplate you would expect from such an announcement… “there will be no changes to the management team, service and support or product availability as a result of the sale”, “Alias will also be in a position to continue its tradition of industry-leading innovation”, etc.

You can read the full press release here: http://sgi.com/newsroom/press_releases/2004/april/alias.html

And meet the new owners here: http://www.accel-kkr.com/