It's sad to read this. On the Wikispaces blog the developers write, "it has become apparent that the required investment to bring the infrastructure and code in line with modern standards is very substantial." Modern standards would include everything from security to accessibility to APIs and cloud services. There are instructions for downloading your content. The company, Tes, continues to exist, offering a marketplace of (it says) 775K educational resources, most of which seem to be offered for a few dollars (presumably this is more profitable than Wikispaces).
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