May 20, 2019 09:55:47 Maya Software, the maker of Maya and the popular free software program Maya, has shut down its doors.
Maya has struggled financially in recent years, losing over $10 million in a matter of months last year.
Maya is not mentioned in the company’s bankruptcy filing.
The company has been a leading provider of free software to schools, universities, and corporations.
Maya’s founder, Peter Poynton, was recently named as a former chairman of the board of directors of Adobe Systems Inc. Poyton resigned last month from the board.
Adobe, a $65 billion company with an annual revenue of $6.3 billion, has been plagued by a string of software failures, most notably Adobe Premiere Pro, the companys flagship product.
Poyernt was one of the top executives at Adobe and one of its key investors, according to a company blog post.
In a statement released to the press, Poynt said he is “saddened” to the news of the shutdown.
He added that he is planning to donate the money from the donation to the Maya Foundation.
Adobe will continue to offer the Maya software and support to students and developers, he said.
In its bankruptcy filing, Adobe said it will continue offering the program, which was developed at Adobe’s San Jose, California, headquarters, for the foreseeable future.