Beam Telepresence Robot Company Files for Bankruptcy, Seeks Sale

Suitable Technologies Inc. files for Chapter 11 bankruptcy in Delaware with plans to sell its assets, court papers show.

• The company’s primary product is the “Beam,” a video chat device that can move freely through the workplace, Chief Restructuring Officer Charles C. Reardon says in a court declaration
  • Before winding down sales operations in 2018, co. sold or leased 7,000 of the devices
• Co. lists assets of as much as $50 million and liabilities of as much as $100 million in bankruptcy petition
• Suitable is owned by its founder, Scott Hassan, as well as former executives and employees, according ...