Thinking Machines Corp, Cambridge-based massively parallel systems pioneer currently trading under Chapter 11 protection, says it aims to emerge from bankruptcy sometime next year as a software and service provider. The reorganisation plan will be filed by the end of the year. Thinking Machines still has an installed base of about 100 sites using its machines, and these 100 people still need software, peripherals, and so forth, the company told Reuters. Thinking Machines also plans to develop versions of its software and tools to run on other systems. It now has 200 employees, down from 425, and has formed a consulting group. Even though we are not developing the next generation machines, we are working on next generation software, declared its chief operating officer, Richard Edson.
