Xconomy San Diego

Verari Restarts After Asset Sale

Bruce V. Bigelow1/21/10

San Diego’s Verari Systems, which ceased business in mid-December and laid off more than 200 employees, says it is restarting its blade computer business after an investment group acquired Verari’s assets at auction. An investment group led by the company’s original founder, David Driggers, purchased Verari’s inventory, equipment and technologies, and will support past Verari customers. The restructured company, renamed as Verari Technologies, will resume operations this week with less than a third of its previous workforce.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788

Add Your Thoughts

You will have 10 minutes to edit your post after you press publish.

Comments may be edited for clarity and length, rejected, or deleted.
By clicking "Publish," you are agreeing to these Terms and Conditions.

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, Detroit, San Francisco, New York and beyond.

© 2007-2012, Xconomy, Inc. Xconomy is a registered service mark of Xconomy, Inc. All rights reserved.

Site produced by Andrew Koyfman with design from Rob Hunter.