Sad to hear. Knight, which produced the kits I grew up with, went the same way. On the other hand, SparkFun (SPARP) seems to be doing well; although, as a private company, we really don't know. Today's market is not what it was in the 1980's, nor were the 1980's the same as the 1950's.
Dinosaurs went extinct, and personally I am glad for that.