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Suitable Technologies, Inc.

Sale Process

Case No. 20-10432·Delaware·Petition date Feb 26, 2020

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OverviewProfessionals

Key professionals

Investment Banker

Stout Risius Ross Advisors, LLC

Bankruptcy Counsel

Young Conaway Stargatt & Taylor, LLP

Chief Restructuring Officer

Asgaard Capital LLC

Claims and Noticing Agent

Donlin Recano & Company

Judge: Craig T. Goldblatt
Petition assets: $1M–$10M
Petition liabilities: $1M–$10M
Industry: Technology

Suitable Technologies, Inc. is a Palo Alto, California-based technology company founded in 2011 that specializes in the development and manufacturing of telepresence systems. Its flagship product, the Beam, is a mobile audio-visual device designed to facilitate remote collaboration and workplace mobility. The company historically operated through a subscription-based service model, deploying over 7,000 units to consumer and enterprise markets. Its business includes an intellectual property portfolio featuring various patents related to wireless connectivity and proprietary software.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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