Atrato solutions acquired by large investor and is still being sold.
My understanding is that Atrato has sold its assets to its former largest investor who is putting the needed capital into the company to continue selling the Atrato Velocity series of products. New product development is also continuing. Most of the key management staff and engineering talent has also joined this new company.
Formal announcement of the new company name is expected the first week of January. Key strategic partnerships are also in the works for Q1 2011.
Biting the hand that feeds IT
