From HardOCP.com.................
VisionTek : Going...going...GONE! The number one seller of NVIDIA based VidCards is shutting its doors, or rather having them shut.
Sunday, August 18, 2002
Date
VisionTek
Manufacturers
Kyle Bennett
Author
While VisionTek experienced some problems earlier this year with financial debt, it was thought that all was going well for this U.S. based company from Northern Illinois. We have come to find out this weekend that all is far from well at one of our fave VidCard builders. It seems as though VisionTek is in utter financial shambles and a trustee has been appointed to come in and liquidate all the assets of the company.
Bankruptcy no. Foreclosure yes. It is understood that the trustee is there in order to recoup as much money from the current VisionTek assets in order to pay back dept to the bank(s) with interest in this matter. So what is seems will happen is that VisionTek will simply cease to exist.
Could it be true?
---
Sorry, this is not a Hot Deal. Please post this in the Moderator sponsored ~~~~ Brag & Moan ~~~~ thread.
Thank you,
AnandTech Moderator
VisionTek : Going...going...GONE! The number one seller of NVIDIA based VidCards is shutting its doors, or rather having them shut.
Sunday, August 18, 2002
Date
VisionTek
Manufacturers
Kyle Bennett
Author
While VisionTek experienced some problems earlier this year with financial debt, it was thought that all was going well for this U.S. based company from Northern Illinois. We have come to find out this weekend that all is far from well at one of our fave VidCard builders. It seems as though VisionTek is in utter financial shambles and a trustee has been appointed to come in and liquidate all the assets of the company.
Bankruptcy no. Foreclosure yes. It is understood that the trustee is there in order to recoup as much money from the current VisionTek assets in order to pay back dept to the bank(s) with interest in this matter. So what is seems will happen is that VisionTek will simply cease to exist.
Could it be true?
---
Sorry, this is not a Hot Deal. Please post this in the Moderator sponsored ~~~~ Brag & Moan ~~~~ thread.
Thank you,
AnandTech Moderator