The story
After becoming CEO and President of iQor in January 2004, Vikas Kapoor built the company's computing platforms, developer tools, and cloud computing services. Its employee base grew from 4,000 to 14,000, leading InformationWeek to rank iQor #27 among the top technology innovators in the United States.
In September 2020, iQor filed for Chapter 11 bankruptcy protection with plans to eliminate $513 million in long-term debt and sell its assets to lenders. It emerged from bankruptcy two months later.
In 2024, iQor was acquired by Mill Point Capital (MPC). It is currently a privately held firm owned by MPC and the iQor management team.
From Wikipedia’s article on IQor, shared under CC BY-SA 4.0.7