Category Archives: Chapter 11 Title 11 United States Code

Stormy Weather: Cloud Storage Vendor Nirvanix Files for Chapter 11

Nirvanix yesterday filed for Chapter 11 bankruptcy protection.

According to an announcement on their website:

“We have an agreement with IBM, and a team from IBM is ready to help you. In addition, we have established a higher speed connection with some companies to increase the rate of data transfer from Nirvanix to their servers.”

Customers have until October 15 to move their data elsewhere.

Read earlier posts on the Nirvanix shutdown: the what and the why.