Feeds

State officials seize InPhase assets in lieu of taxes

The lights are out - and for sale

Next gen security for virtualised datacentres

In a final emphatic demonstration that the money has run out, holographic storage developer InPhase's premises have been seized for non-payment of taxes by the Colorado Department of Revenue.

According to local reports, the state has changed the locks on the doors and announced that everything owned by InPhase, including furniture and fittings, would be sold at auction.

The 60 or so remaining staff were laid off last week, but the CEO and one of the company's investors were still hopeful of getting additional funding. This now looks distinctly unlikely.

Thanks to the Longmont Times for the information. ®

Build a business case: developing custom apps

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?