CompuServe Messages

#Still in Business

    24-May-94 09:36:12
Sb: #Still in Business
Fm: John Chang 73023,2000
To: Nancy Price 100023,3017
According to press announcments from Commodore International and other sources, all the Commodore Europe companies still in operation (Commodore UK, Commodore GMBH, Commodore France, etc.), are wholly owned companies and is still selling Amiga products from existing stock. The following statments are based on rumors: As you may have heard, Samsung, a Korean electronics conglomerate, is supposedly in final negotiations to purchase the Amiga technology. A court date has been set for May 31st, in the Bahamas, if a purchasing settlement is not reached between the trustees and liquidators of Commodore and Samsung. If the deal falls through, other parties are petitioning the court to purchase the technology. Samsung has a lot to gain if a deal can be negotiated. The technology could be used in interactive, multimedia, "set-top boxes" in a cable television network. Samsung would have almost instant access to the European market via the wholly owned Commodore companies, which will be used as distribution and marketing centers. Samsung could immediately grant licenses to interested companies who wish to manufacture Amiga A4000 or A1200 "clones".