It looks that PicoBrew, the startup supplying the capability to make your possess beer at residence, could no longer be with us. Nevertheless the company’s web-site is still reside, a collection of reports have chronicled its descent into bankruptcy and, most just lately, a sale at auction. The most recent report claims that PicoBrew was just lately acquired, but its long term stays uncertain.
The details arrives from The Spoon, which has noted many occasions about past months that PicoBrew is, fundamentally, defunct. In its most recent report, the publication claimed on behalf of unnamed sources that PicoBrew is now totally owned by the individual who submitted a profitable bid for the duration of an auction earlier this month.
Former PicoBrew CEO Bill Mitchell reportedly despatched a letter this 7 days stating that the firm is a ‘noble failure,’ and shortly after — the report claims — its buyer services group and the founding group were being each let go. It is unclear what kind of impact this will have on present device owners who will need aid with their brewing components.
The expert services powering the components are still reside, but there’s no phrase on how extensive they will keep on being this way. It is possible that the apps could be made open up source so that the platform can reside on further than the firm by itself, but once again, nothing formal has been furnished at this time.
The report raises concerns about the brand’s long term and no matter whether it will reside on in some way beneath a new proprietor. This, according to the report, is unlikely mainly because the auction reportedly ‘made it clear that the new proprietor is having rid of all of the operational items of the business.’
In that case, it is possible that the new proprietor could license the company’s patents, among other matters. PicoBrew was one of a number of residence beverage programs that supplied the capability to make beverages at residence. There is, for case in point, Drinkmaker from Keurig that offers liquor in a pod. These offerings have not caught on in a large way thanks to their significant first expense and numerous restrictions.