What’s Up at Gear6? Nothing Good, We Hear

Gear6, a Mountain View, Calif.-based maker of Memcached-based appliances for the cloud, seems to have hit hard times, as it’s filed for assignment for the benefit of creditors. The 4-year-old company has a pretty heavyweight line-up of executives, including Tom Shea, formerly CEO of Roxio and Mirra, and Martin Patterson, formerly head of Sun’s (s java) N1 Grid System and co-founder of Terraspring, as its VP of engineering.
According to industry sources, Gear6 filed to liquidate its assets on Friday; I’ve reached out to the company but am still waiting to hear back. Rival Schooner Infotech, meanwhile, is wasting no time feasting off Gear6 — it’s offering to help Gear6 customers looking to transition to its hardware.
Related content from GigaOM Pro (sub req’d):
What Cloud Computing Can Learn From NoSQL