The End Of Solido?

A year ago at SolidWorks World 2011, the Israeli 3D printer company Solido announced a drastic cut in the price of their range of 3D printers (see “SolidWorks World 2010 (Day 1) – Solido 3D Printer for $2950 only“). Today a retweet from Duncan Wood of TCT Magazine alerted me to a news item on a Israeli daily stating that Solido has laid off its entire staff of 30 employees and entered receivership.