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Article #2470Infocom takeover
From: Rob DeMillo
Date: Tue, 08 Apr 1986 15:28
Date: Tue, 08 Apr 1986 15:28
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1834 bytes
Roughly quoting from PC Products magazine regarding Infocom, Inc. and
its venture into the business community with a DB product called
"Cornerstone:"
"...although Cornerstone was received favorably in the trade press,
the $495 package failed to attract enough attention to survive in
the tough and un-gamely business software market. The result:
Infocom reduced the price of its software to $99. A few days later,
it was announced that the firm was acquired by Activision...for
a reported $7.5 million stock swap."
The article goes on to say that the development - and flop - of Cornerstone
drained enough of Infocom's resources that they had to let 65 employees
go, and this is part of what made it an easy target for a takeover.
This may explain why I haven't received my "New Zork Times" lately. Also, does
this mean that all future "Infocom" games are actually coming from the
"Mind of Activision"?
Depressing news always makes me thirsty...
--
--- Rob DeMillo
Madison Academic Computer Center
...seismo!uwvax!uwmacc!demillo
"If you can't trust wimp lawyers anymore,
who can you trust...?"
-- Mildred Crebs
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Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: arc1-ca.pugleaf.net!utzoo!watmath!clyde!burl!ulysses!allegra!princeton!orsvax1!pyrnj!caip!topaz!uwvax!uwmacc!demillo From: demillo@uwmacc.UUCP (Rob DeMillo) Newsgroups: net.games,net.micro.pc,net.micro.atari16 Subject: Infocom takeover Message-ID: <2089@uwmacc.UUCP> Date: Tue, 8-Apr-86 10:28:53 EST Article-I.D.: uwmacc.2089 Posted: Tue Apr 8 10:28:53 1986 Date-Received: Thu, 10-Apr-86 07:19:35 EST Organization: UWisconsin-Madison Academic Comp Center Lines: 30