4 ms·

Then what was it? Genuinely curious what happened here...

• icedchai 9y ago
  From that post, it sounds like an asset acquisition. In other words, they bought IP: source code and any related rights.
• tptacek 9y ago
  The note mentions a receiver, which means the company is being liquidated by a court, which implies that it's effectively (though not technically) bankrupt.