 In October 2006, Zultys Technologies' assets and intellectual property were put up for bankruptcy auction.The primary bidders in the auction were Nebraska-based InPath Devices, Telrad Connergy backed Pivot VoIP (a group composed of former Zultys engineers), and Ian Milnes.Pivot VoIP eventually won the bidding and acquired Zultys for US$2.65 million plus debt obligations, and operations and product portfolios were merged with Pivot.