"It has also hired Ernst & Young Capital Advisors"
Well that's the end of them, then.
So long and thanks for . . nothing actually.
Sphere 3D is "reviewing strategic alternatives", a sign that it’s open to a sale or being split up. The company is the result of Canadian Sphere 3D merging into the loss-making and tape-heritage Overland Storage-Tandberg Data combo in 2014 with the hope that its Glassware and other virtualisation technologies would transform …