Centralite Systems Inc Alabama Southern Bankruptcy Court

You know I saw that a while back and never gave it a second thought. But seeing your post in a different context kicked off another theory about the demise of Lowes Iris.

It’s been long rumored that Iris was built on Centralites Jilia platform. With nobody left to support or maintain that platform Lowe’s would have been put into a bad spot.

The timeline is interesting.

  • In late-November Lowe’s announced it would seek a buyer.

  • Late January Lowe’s announces the Iris shutdown despite having a potential buyer.

  • Early February Centralite files for liquidation.

I wonder if Lowe’s may have been told by Centralite in January that they were going to abandon Jilia. This would have put Lowe’s in an incredibly difficult position to sell Iris if the core underlying framework was about to be abandoned.

It’s certainly an interesting prospect for thought.

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