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VDI startup Pano Logic closes shop but keeps it a secret from customers

Pano Logic, the virtual desktop infrastructure vendor and creator of the infamous tiny chrome zero-client device, has reportedly closed its doors and shut down the business. I say "reportedly" only because there has yet to be any official statement or announcement from the company itself.

The news was originally broken on Oct. 30 by The Credit Union Times, which stated it had received its information from Pano Logic's former San Francisco-based PR firm, which said as a matter of fact: "The company has gone out of business." This news was later confirmed when InfoWorld spoke to a former Pano Logic employee who asked not to be named.

The fact that The Credit Union Times was able to get the news before anyone else may be attributed to the fact that Pano Logic has had a fair amount of sales success with credit unions. Pano Logic's website home page is still splashed with news of the company's most recent deal with the $3.1 billion Redstone Federal Credit Union in Huntsville, Ala., a deal that would have had Pano Logic replacing 80 percent of the credit union's PCs with Pano Logic systems over the next 18 months.

While the silence from Pano Logic is deafening, many people are waking up to the news and asking questions. The company's previously active social media marketing efforts suddenly went radio silent on Oct. 22. Pano Logic's final tweet was about how Redstone Federal Credit Union was going through a major transformation using Pano Logic technology. This same news was also the final word on its Facebook fan page. Then just like that, the company's social engagement ended.

MORE...

Read the entire InfoWorld Virtualization Report article.

Published Friday, November 02, 2012 3:27 PM by David Marshall
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VDI startup Pano Logic closes shop but keeps it a secret from customers « VT News - (Author's Link) - November 2, 2012 5:24 PM
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