Simplexity assumed control of Wirefly.com in November 2007, after purchasing the assets of InPhonic in 2006.
Inphonic had filed a voluntary petition for reorganization under
Chapter 11 of the U.S. Bankruptcy Code. The filings were made in the U.S. Bankruptcy Court for the District of Delaware, and
NASDAQ later
delisted the company's shares, making them no longer available to the public. Many of Inphonic's assets, including its
electronic commerce operations and its Wirefly.com website, were subsequently sold to private investors who used those assets to launch the company Simplexity in January 2008. On March 12, 2014, Wirefly closed down, and is in Chapter 11 bankruptcy. Wirefly was relaunched in May 2014. As of April 2014, the Simplexity assets (excluding the Wirefly.com domain name) have been approved for sale to Wal-Mart for approximately US$10 million. ==Reception==