All right -- we've learned our lesson. Just because a company lays off its staff, takes down its Website, and stops answering its phones doesn't necessarily mean it's totally dead and gone.
Take, for example, Acirro Inc. The last time we heard anything about the distributed NAS aggregation software startup was September 2002, when it failed to raise a second round of funding and was forced to let go its 25 employees (see Acirro Hits Zero).
But it turns out two Acirro employees had stayed on -- and they remained with the company long enough to negotiate the sale of the company's intellectual property, source code, and hardware devices to Intel Corp. (Nasdaq: INTC) for an undisclosed amount in February 2003.
"It was not the typical post-2001 Silicon Valley threnody," claims Robert Wilson, Acirro's former VP of business strategy.
Wilson and Rod Kalpakoff, director of sales and systems engineering, approached Intel, Hitachi Data Systems (HDS), Network Appliance Inc. (Nasdaq: NTAP), and Veritas Software Corp. (Nasdaq: VRTS) seeking a deal. By December 2002, they ended up with two bids, and accepted Intel's. (Wilson won't say who the other final bidder was.)
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