InphaseTechnologies
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InPhase out of business, assets seized for back taxes
It's been something like five years that we've been eagerly waiting for InPhase to finally release that revolutionary holographic storage solution, and while there has been plenty of drama in the way of release dates promised and pushed back, and even some layoffs to keep things interesting, the company has been pretty, pretty quiet lately. As it turns out, this has been due to the fact that employees have been busy enough updating their resumes. "We were expecting it for a long time," said one employee, among the sixty or so who picked up their final paychecks last week. "So it wasn't a big surprise." To put a finer point on things, it's been announced that the Colorado Department of Revenue has seized the company's assets for non-payment of taxes. According to The Register, the state has changed the locks and announced that everything on the premises will be auctioned off, down to the fixtures and furniture. This is certainly an ignominious end to a once great idea, but as you know every cloud has a silver lining: If you're looking to get into the holographic storage business, drop us a line. We've heard that some equipment is becoming available soon -- and at a great price.
InPhase delays Tapestry holographic storage solution to late 2009
Wait, wait -- you're telling us InPhase Technologies may be the latest and greatest poster child for vaporware? Say it ain't so! After promising (and promising) a holographic storage solution for upwards of three years now, the outfit is delaying its dead-to-the-world Tapestry solution yet again, this time to late 2009. In theory, the company would introduce a drive that could record up to 300GB on a $180 CD-sized disc around this time next year, but with Blu-ray already up to 50GB and Royal Digital Media introducing a 100GB alternative, who's to say 300GB won't look puny by November '09? And besides, we're also hearing that GE's Polymer Systems Lab is developing a "layered approach to holographic storage" that will soon result in -- you guessed it -- 300GB discs. The difference? GE is a real company.
InPhase Technologies finally delivers... layoffs
We've been hearing about InPhase Technologies' Tapestry 300GB holographic storage disks since 2005, but we've never actually seen the product in action, even though the company has been promising ship dates the whole time -- and now it looks like we might never get the chance, as the company has apparently laid off "roughly half" of its workforce. The cuts are reportedly blamed on CEO Nelson Diaz refusing to listen to roadmaps from his engineers and setting unrealistic schedules -- hmm, you think that might be a problem after nearly three years of missed launch dates? There's still a chance we'll actually see these things make it out of the labs, but we're not holding out hope -- and we've got a feeling physical media might actually be dead when that happens.[Thanks, Meno]
