🚀 go-pugleaf

In article <4kjmma$2jo@kdcol.kdcol.com>,
Kerry Hales <maverick@kdcol.kdcol.com> wrote:
>VISCORP USA AND ESCOM AG ANNOUNCE LETTER OF UNDERSTANDING FOR ACQUISITION
>OF AMIGA TECHNOLOGIES BY VISCORP</H2>
>
>Heppenheim, Germany and Chicago, IL, April 12, 1996 -- ESCOM AG, a German
>computer manufacturer and reseller and Visual Information Services Corp.
>(Nasdaq: VICP, Bulletin Board), a developer of interactive TV (ITV)
>set-top-boxes to enhance television use and viewing by providing Internet
>access and electronic communications function, today jointly announced that
>a binding letter of understanding has been signed between the companies.
>
>The letter states that Chicago-based VIScorp would acquire Amiga
>Technologies, including the intellectual properties of the former Commodore
>Business Machines, excepted Commodore trademarks. The transaction value is
>approximately US $40 million. Terms were not disclosed, and the pending
>acquisition would be subject to approval by both companies' boards of
>directors.

This is a joke right? $40 million for AT including intellectual properties 
(except the Commodore trademark). Gee, didn't ESCOM get the whole shebang 
for $10 million US? Nice return on thier initial investment.

Anyways, I didn't see any mention of the North American market, unless 
Amigans are expected to buy set-top Electronic Devices to run our 
applications ;) If it means lower prices because of higher volume, I'm for it.


-- 
Yours truly,

Adam Szymczak, BA		Master of Arts in Geography (Urban Planning)
szymcza@server.uwindsor.ca	University of Windsor, Ontario, Canada