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Friday, July 28, 2006

Rackable Getting Racked

Rackable Systems (RACK) is feeling the wrath
of the market. The company is in the process of being acquired by a private equity firm. The deal is expected to close in the next few weeks.

Rackable Systems is a provider of high-end servers and storage systems. The company has been around since the early 1990s. The company has been