Agami has left the building

I should have posted this back when it happened, but I seem to have let it slip. An article in the Merc has some information on Agami going bust. I had seen “Scalable Storage Systems” announce its existence, but hadn’t heard details. And for some strange reason, I never looked into why Agami wasn’t there anymore.

In this economy, companies imploding is nothing we shouldn’t expect. If anything, this economy has largely decimated the myth that small companies are more likely to go under than large companies. Agami seems to have done a voluntary Chapter 7 (or the California equivalent) and returned assets to shareholders/creditors. IP was sold. To itself. Thats what seems strange.

The article is worth a read.

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