This InformationWeek article took artistic license to lofty new levels in a single sentence as it described the demise of Cloud Computing PaaS vendor Coghead and the subsequent IP/Engineering purchase by SAP:
Bad news for cloud computing: Coghead -- a venture-backed, online application development platform -- is closing, leaving customers with a problem to solve.
Though McNamara said business was continuing to grow rapidly, the recession ultimately did Coghead in, and Coghead began looking for buyers a few months ago. "Faced with the most difficult economy in memory and a challenging fundraising climate, we determined that the SAP deal was the best way forward for the company," McNamara wrote in a letter to customers that went out late Thursday
That's correct kids, even the almighty Cloud, the second coming of computing, is not immune to the pressures of running a business in a tough economy, especially the platform business...