Nirvanix files for Chapter 11 bankruptcy, vows to save data

Cloud storage provider Nirvanix has announced it has voluntarily filed for Chapter 11 bankruptcy as expected, following the news earlier this month it was to shut down effective September 30.

The Nirvanix website paints a sorry picture this morning, with a company update put almost out of the way at the bottom of the page stating that bankruptcy was sought “in order to pursue all alternative to maximise value for its creditors while continuing its efforts to provide the best possible transition for customers.”

A statement on the website also details the efforts the company is taking to make sure its customers don’t lose out, either returning data or transitioning it to other providers. Nirvanix state they are “working hard to have resources available through October 15” to aid the transition process.

The CSP is working particularly closely with IBM, with a team from Big Blue on hand to …