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Virtually Gone, Pano Logic is Under Assignment

Provider of virtual PC desktop systems going through asset distribution proceedings while credit union clients wonder what's up.

By Natasha Chilingerian | Updated on November 01, 2012

Credit Union Times has learned that Pano Logic, the Redwood City, Calif.-based virtual end user system provider that apparently vanished in front of its clients, including at least three credit unions, has filed an Assignment for the Benefit of Creditors.

A spokesman for the Mountain View, Calif.-based business advisory firm Sherwood Partners, LLC said his firm is serving as Pano Logic’s assignee, but declined further comment. 

Natasha Chilingerian

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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