Visix Software Inc has now confirmed it is in the process of being dissolved (CI No 3,380), following what a spokesperson described as a sudden forced decision by the board and management. The skeleton staff that will remain at Reston, Virginia-based Visix will now concentrate on recovering as much value as they can from the assets. It is talking to customers about source code licenses to the Visix Galaxy application development environment so that they can carry out their own ongoing maintenance and support. Some already have source code escrow licenses, but under varying terms. Visix says it’s also in talks with one or two companies about the sale of the Galaxy technology itself, but would like a few more to talk to. It would give no indication of the likelihood of any talks being successful. Visix has between 100 and 200 customers who have licensed its technology, ranging from small companies to giants such as JP Morgan and Bellcore. Some of those customers have already banded together to form an independent support group at the web site http://www.vertexdev.com/cgi-bin/gum.pl
