'Green' Supercomputer Maker, SiCortex Closes Its Doors
The company reportedly sold at least 60 computers to universities and large corporations in 2008 and continued to log sales in 2009.
Supercomputer maker SiCortex shut down its operations this week, even after its energy-efficient machines continued to sell to universities and large corporations.
Based in the old Digital Equipment Corp. mill in Maynard, Mass., the company's $68.1 million in funding plus sales of several machines wasn't enough to turn a profit. The company's executives were not available for comment Thursday, but the SiCortex Web site listed sales of many supercomputers in recent months. SiCortex reportedly sold at least 60 computers in 2008 and continued to log sales in 2009.
Founded in 2004, the company's claim to fame and fortune was its ultralow power computers, which SiCortex officials said were easy to install. "It'll take longer to uncrate them than to install them," a company spokesman once said in praising the computers.
The company boasted a list of prestigious investors, including Chevron Technology Ventures, Flagship Ventures, JK&B Capital, Prism VentureWorks, and Polaris Venture Partners.
Most of the SiCortex staff has been let go and a small skeleton staff is reportedly continuing to work at the firm. Property manager Gerbsman Partners has been retained to sell the company's assets.
"SiCortex addresses the compelling problem of data center energy constraints head-on, giving it a unique market opportunity in a world where, according to McKinsey & Co., 90% of data centers will run out of power capacity by 2010," Gerbsman Partners said.
The company sold machines to an international roster of research and high computational institutions, including U.S. government intelligence agencies, Columbia University, MIT, Purdue, University of Maine, GE, Lockheed Martin, Argonne National Labs, and NASA. The company also has agreements with several independent software vendors.
InformationWeek has published an in-depth report on private cloud computing. Download the report here (registration required).
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Digital Transformation Myths & TruthsTransformation is on every IT organization's to-do list, but effectively transforming IT means a major shift in technology as well as business models and culture. In this IT Trend Report, we examine some of the misconceptions of digital transformation and look at steps you can take to succeed technically and culturally.