Psystar Rises Out Of Bankruptcy And Is Ready To Make “Applesauce”

Posted Jul 2, 2009

At the end of May, Psystar filed for bankruptcy.  The company was facing a legal battle against Apple Inc. which put them in bankruptcy in the first place.  Now the company is out of bankruptcy and is ready to take on Apple once again.  Below is a statement from Psystar:

As you all may already be aware in late May, Psystar filed for Chapter 11 protection. Although this was critical to our continued daily operations, we now are ready to emerge and again battle Goliath.

More information will be available in the coming days when we will be formally discharged by the Bankruptcy court.

When life gives you apples, make applesauce.

Psystar is best known for building computers that use the Mac operating system, but at cheaper prices than what Apple sells computers for.  Psystar has even introduced a couple of new products.  One is called Open(7) which is a system that uses the Intel Nehalem Xeon platform.  The new system is available in desktop and server form.  The price of the Open(7) starts at $1,4999 with OS X Leopard installed.

[via MacRumors]