The shell left behind after Hemisphere Technologies sold its assets to a foreign investor has gone into liquidation with debts of nearly $5 million, including hundreds of thousands of dollars owed to security vendor Kaspersky.
Just a month after its assets were acquired, the company now called “ACN 152 546 453 Pty Ltd” formerly Hemisphere Technologies owes $4.9 million to unsecured creditors including the Australian Taxation Office ($1.6 million), Beyond Trust Software ($810,000), Portfolio IT ($1.4 million) and Kaspersky ($295,000).
According to documents lodged with corporate regulator ASIC, Riad Tayeh and Suelen McCallum of DVT Group were appointed liquidators on 17 January 2017 and the business stoppe…
Read the full article at: http://www.crn.com.au/news/5m-debt-remains-after-shell-of-kaspersky-distributor-hemisphere-technologies-in-liquidation-448201