Evaluate an infinite product in a closed form $\prod\limits_{n=1}^{\infty} \frac{1}{1+\pi^{1/{2^n}}}$ I run into this infinite product today. I don't have that much experience evaluating products therefore I don't have any idea of how to tackle this. 
Here is the question. Evaluate (if possible) in a closed form the product:
$$\Pi = \prod_{n=1}^{\infty} \frac{1}{1+\pi^{{\large \frac{1}{2^n}}}}$$
The numerical value seems to be $\Pi= 0.534523$ which is very close to $\frac{\pi}{6}$ taking into account that $\frac{\pi}{6} \approx 0.523598$. In the mean time W|A evaluates it to $0$. I'm lost. 
Can the community help?
Edit: Based on the answer we have two products. The product I asked tends to zero and the bonus product provided by @you're in my eye (thanks for that) is $\frac{\ln \pi}{\pi-1}$. 
Thanks for the quick response. 
 A: All the terms in the product are less than half. Thus the infinite product is zero.
(The answer by You're In My Eye is for the product 
$$\Pi = \prod_{n=1}^{\infty} \frac{2}{1+\pi^{{\large \frac{1}{2^n}}}}$$
The OP forgot a $2$ in the numerator of each term of the product, which is the likely cause of his confusion.)
A: There is a general formula:
$$\prod_{k=0}^\infty \frac{2}{1+x^{1/2^k}}=\frac{2}{x^2-1} \ln x$$
$$\prod_{k=1}^\infty \frac{2}{1+x^{1/2^k}}=\frac{1}{x-1} \ln x$$
$$\prod_{k=1}^\infty \frac{2}{1+\pi^{1/2^k}}=\frac{1}{\pi-1} \ln \pi=0.5345226992306749851 \dots$$
For the derivation of the above formula see the bottom of this answer

Edit
The original product of the OP diverges to $0$. As I said in the first comment to the OP. But the numerical value the OP provided corresponds to this product.
The reason for divergence is in @smcc answer. I see no point in reproducing it here.
A: I saw your post at "Mathimatiko ergasthri".
Well, we can see that
"$\frac{1}{(1+\pi^{1/2})(1+\pi^{1/4})(1+\pi^{1/8})}=\frac{(1-\pi^{1/2})(1-\pi^{1/4})(1-\pi^{1/8})}{(1+\pi^{1/2})(1+\pi^{1/4})(1+\pi^{1/8})(1-\pi^{1/2})(1-\pi^{1/4})(1-\pi^{1/8})}=\frac{(1-\pi^{1/2})(1-\pi^{1/4})(1-\pi^{1/8})}{(1-\pi^1)(1-\pi^{1/2})(1-\pi^{1/4})}=\frac{(1-\pi^{1/8})}{(1-\pi^1)}$
We can see that the $n$-th partial product is equal to $$\frac{1-\pi^{1/2^n}}{1-\pi}$$
which tends to $0$.
Now if you add a $2$ in every numerator (As I understood this was your intention from the beginning) then you want to evaluate the limit of
$$\frac{1-\pi^{1/2^n}}{1-\pi}\cdot 2^n$$ which is equal to $\frac{\ln \pi}{\pi-1}$  (Use L'Hospital)
