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Article View: comp.sys.amiga.applications
Article #13643

Re: ESCOM TO SELL AT!

#13643
From: Gary Alan Peake
Date: Sat, 13 Apr 1996 05:40
56 lines
2963 bytes
>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

Amiga Technologies has NOT been disbanded and work continues on Walker and
the Power Amiga!

Gary Peake                "Mystic Meg"             Fellow AMIGA Users:
-------------------------------------------------
Gemini2@cup.portal.com   Portal Communications   | 'Team AMIGA' is a grassroots
1:106/7512.1             Club Amiga-Houston,Tx   | movement designed to provide
                                                 | support to all AMIGA users,
    Proud supporter of Amiga Technologies        | to AMIGA TECHNOLOGIES, and
     Asst Co-ordinator ---> *Team AMIGA*         | to all AMIGA vendors.
-------------------------------------------------
43 year old Beta-Tester A3000/25!

... Nobody's ever done me like she done me
    she done me good - The Beatles

-*- ASTG 1.9


... We all want to change the world - The Beatles

-*- ASTG 1.9
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Message-ID: <151578@cup.portal.com>
Path: arc1-ca.pugleaf.net!cup.portal.com!Gemini2
References: <4kjmma$2jo@kdcol.kdcol.com> <Dpr5qB.DL9@news.uwindsor.ca>

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Path: arc1-ca.pugleaf.net!cup.portal.com!Gemini2
From: Gemini2@cup.portal.com (Gary Alan Peake)
Newsgroups: comp.sys.amiga.applications
Subject: Re: ESCOM TO SELL AT!
Date: 12 Apr 1996 22:40:15 -0700
Organization: The Portal System (TM)
Sender: pccop@unix.portal.com
Message-ID: <151578@cup.portal.com>
References: <4kjmma$2jo@kdcol.kdcol.com> <Dpr5qB.DL9@news.uwindsor.ca>
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