Cyanogen is DEAD? Is that TRUE?

Cyanogen is a company that produce a better Android Version than Google. Their main objective is to kill the Google's Android but they failed.

Well, It's been a rocky few months for Cyanogen, their high ambition that aimed to build a better version of Android than Google is now DEAD.

Also It has laid off staff, let go of its CEO and parted ways with another co-founder — now it is shutting down its services and nightly software builds on December 31.

The news was announced in a brief blog post released late on Friday:

As part of the ongoing consolidation of Cyanogen, all services and Cyanogen-supported nightly builds will be discontinued no later than 12/31/16. The open source project and source code will remain available for anyone who wants to build CyanogenMod personally. 

And this is my Conclusion i think Cyanogen is planning to make a come back soon.