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Assets of IT Service Management Company

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Assets of IT Service Management Company



Price: Not Specified

Other Item Info
Item #: debke_188844
Created: 02/07/2023
Category: Business Property > All Assets or Going Concerns > Software & Computer Services
Sale Date: Tue. Mar 7, 2023
Seller Info
Patrick J. Reilley
Debtor's Attorney
500 Delaware Avenue, Suite 1410
Wilmington, DE 19801
302-652-3131
Bankruptcy Info
Case #: 1:23-bk-10020
Case Title: American Virtual Cloud Technologies, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Auction Sale of substantially all of assets of American Virtual Cloud Technologies, Inc., et al., (the “Seller”). The assets are related to the Company’s business units, including (i) its UCaaS unit (the “UCaaS Unit”) and (ii) its CPaaS unit (the “CPaaS Unit”), which includes its DRaaS and its API Marketplace service offerings (collectively, the “Business Units” and each a “Business Unit”).

The assets will include, in part, (i) all customer contracts and statements of work related to the Business Units; (ii) all hardware and software currently used in each Business Unit; (iii) all other equipment, furniture and other tangible items used in each Business Unit; and (iv) all patents, tradenames, websites, and copyrights.


Additional Details

  1. Auction Time: 9:00 a.m.
  2. Sale Hearing Held on March 15, 2023, at 10:30 a.m.
  3. Bid Increment: $225,000
  4. Bid Deposit: 10% of the aggregate value of the cash and non-cash consideration of the Bid
  5. Bid Deadline: March 3, 2023
  6. Last date to respond: February 28, 2023


Other Information

Terms and Conditions:

See Attached.


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