CompuServe Thread

Paravision & MicroBotics

10 messages in this thread
#71922From: R. Simonsen/MicroBoticsJan 10, 1994 6:48 PM
PARAVISION, INC. 18659 Parthenia Street, North Ridge, California 91324 1-818-772-8896 Customer Support: 1-214-644-0043 Paravision Acquires MicroBotics' Technology and Product Line January 1994: Paravision, Inc. announced that it is purchasing the rights to MicroBotics, Inc.'s Amiga and PC peripheral technology as well as its product brand names. MicroBotics, Inc. is one of the "original" Amiga-oriented hardware third parties and is well known for the quality and reliability of its technology. Additionally, Paravision indicated that they intend to continue to vigorously support and further develop the acquired line with particular emphasis on Amiga 1200 and Amiga 4000 products. Paravision said that it will fully back the warranties on all MicroBotics' product now in the field and that pending customer service fulfillment will be handled without delay. It has retained the services of the former MicroBotics management, technical and engineering staff to insure product continuity and uninterrupted customer service at both the dealer and end-user level. The MicroBotics' product group is one of the leading lines of Amiga peripherals. Paravision marketing feels that the Amiga platform represents an outstanding opportunity for the video and connectivity hardware category that is Paravision's primary business. The engineering talent and product strategies acquired from MicroBotics, Inc. will permit Paravision to deliver the advanced multi-media video products which form the core of its marketing plan. Paravision also has plans to implement some of these same product strategies in the Windows/ISA hardware environment. Paravision is optimistic about its launch into the world of Amiga and PC products and the challenge of the multimedia video future its new staff will address in the coming months. ============================================================================= Customer Service, RMA's and routine shipping transactions are being handled via PARAVISION, 1251 American Parkway, Richardson, TX 75081. Phone: (214) 644-0043 =============================================================================
#72429From: SyndesisJan 17, 1994 10:53 AM
OK, that's the press release…. what does it really mean? 🙂
#72507From: R. Simonsen/MicroBoticsJan 18, 1994 6:52 PM
I don't get your drift: what do _you_ really mean? Paravision is a new company that is buying the properties of MicroBotics in order to start up "running" so to speak. The staff of MicroBotics has been hired by Paravision to operate the R&D and sales of Paravision. The people who owned MicroBotics do not own Paravision –stockwise it's entirely new. Paravision is going to specialize (eventually) in video products. That's just what was said in the press release, right? What's unclear from your point of view. –Redmond
#72517From: Dan BarransJan 18, 1994 11:25 PM
I didn't pick up that Paravision is a new company from the press release. I got the impression that it was an existing company with an established product line, and it was diversifying by buying MicroBotics properties. What else is there to Paravision besides what they're buying from MicroBotics? What other products and/or services do they offer to the buying public? – dan
#72566From: R. Simonsen/MicroBoticsJan 19, 1994 6:38 PM
Paravisions products are those which are being bought from MicroBotics. The legal entity pre-existed but had no products (that I know of). –Redmond
#72535From: SyndesisJan 19, 1994 9:17 AM
Well, there's not a lot of companies dying to get into the Amiga market at this point, so that was my first surprise. In short, this means Microbotics was "bought out" and renamed? Or that new investors / business directors have joined the company?
#72565From: R. Simonsen/MicroBoticsJan 19, 1994 6:35 PM
MicroBotics per se is not being bought; its assets are being bought. The owners of MicroBotics are not the owners of Paravision. –Redmond
#72612From: SyndesisJan 20, 1994 7:29 AM
Does that mean that MicroBotics is now doing other things? But you said they'd been hired to support the old products… Either way, I hope it's all good news for you and Jerry!
#72736From: R. Simonsen/MicroBoticsJan 21, 1994 6:22 PM
MicroBotics is essentially "shelved"– it exists but isn't doing anything. Paravision will present us with an opportunity to do video products (which we have been wanting to do) and it will support our existing products (which is good news for the customer base). –Redmond
#72737From: R. Simonsen/MicroBoticsJan 21, 1994 6:22 PM
MicroBotics is essentially "shelved"– it exists but isn't doing anything. Paravision will present us with an opportunity to do video products (which we have been wanting to do) and it will support our existing products (which is good news for the customer base). –Redmond