Agitar is having a going-out-of-business sale

Agitar — makers of the AgitarOne family of Java unit testing products — is winding down, liquidating, going out of business.

You won’t read about this on their Web site (at least I can’t find it), but the company has made a “general assignment for the benefit of creditors.”

What this means is that, “pursuant to the assignment, Agitar transfered all of its rights in tangible and intangible assets to Assignees for liquidation. Assignee shall liquidate the Assets, wind down Agitar, and distribute the net liquidation proceeds to creditors of Agitar who timely submit claims.”

We’ll have more details on SDTimes.com shortly, as our intrepid reporters track all this down. Note, however, that Alberto Savoia, who founded the company in July 2002, left Agitar last month. He, and fellow Agitar founder Roongko Doong, are now is at a stealth-mode startup, LikeLoops.

Buh-bye, Agitar. You had good stuff.

Update: Here’s the SD Times story.

Z Trek Copyright (c) Alan Zeichick