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After months of trying to find a home for Alias, Silicon Graphics finally found a suitor in Accel-KKR, a private equity firm with offices in Palo Alto, CA and London, UK....

Alex Dunne, Blogger

April 16, 2004

1 Min Read

After months of trying to find a home for Alias, Silicon Graphics finally found a suitor in Accel-KKR, a private equity firm with offices in Palo Alto, CA and London, UK. Accel-KKR acquired Alias from SGI for $57.5 million, a price that seems reasonable -- if not a downright bargain -- given the company's positive cash flow and leadership position in the 3D market. Alias, an independent company wholly-owned by SGI, posted revenue of $51.8 million and had an operating profit of $4.9 million for the nine months ended March 26, 2004. The sale is expected to close this quarter.

About the Author(s)

Alex Dunne

Blogger

Alex Dunne is the executive producer of Gamasutra.

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