Purple Software goes tits up
Creditors' meeting
Posted in Mobile, 28th January 2003 16:34 GMT
Free webcast: Service level monitoring and management
The liquidators were called in last week to wind up the affairs of Purple Software, the mobile games software company.
A creditors' meeting has been called for February 7, by London-based insolvency practitioners Middleton Partners. This will decide upon a creditor's voluntary winding up, called under Section 98 of the 1986 insolvency Act, which you can read here.
We assume that there will be an asset sale for Purple's technology and games portfolio. We guess that an MBO team may be prepping a bid for the assets too. But this will have to remain conjecture, until we receive a statement from the company, promised us for either last Friday or yesterday. ®

The Register Agile Data Center Summit
SMB phone systems product requirements worksheet
Analyst Keynote: The Register Agile Data Center Summit
Checklist: signs you need to upgrade your business phone system
Comparison Guide: IP Phones

Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter