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News Link • Business/ Commerce

IBM Cloud Storage Partner Nirvanix Files for Bankruptcy

• Wired.com
 

Last month, Nirvanix — the San Diego, California company that powered IBM’s SmartCloud Storage service — told customers and partners that it was shutting down on September 30, giving them just two weeks to migrate data, and now, it has filed for bankruptcy.

Nirvanix finally broke its silence this week with a post to its website revealing the Chapter 11 bankruptcy filing and giving customers and partners an additional two weeks to remove data from its service. The deadline for data removal is now October 15.

“Nirvanix voluntarily sought Chapter 11 bankruptcy protection in order to pursue all alternatives to maximize value for its creditors while continuing its efforts to provide the best possible transition for customers,” the site says.

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