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Amiga Plus 1996 #6
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960621-pressreleasevisc
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1996-08-31
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ESCOM AG sells Amiga Technologies GmbH to Viscorp
Bochum/Heppenheim/Chicago, June 21, 1996.
ESCOM AG and Visual Information Service Corp. (VIScorp), have
now signed the final agreement about the acquisition of Amiga
Technologies GmbH by VIScorp, subject to approval by their boards.
According to the agreement, the entire staff and property of ESCOM
subsidiary Amiga Technologies GmbH will pass into the possession
of VIScorp. This includes all existing components and finished
goods in inventory of Amiga and the intellectual properties of the
former Commodore group, except Commodore trademarks. The purchase
price is approximately US $40 million in stock and cash.
VIScorp's products, the Universal Internet Television Interface
(UITI), the Electronic Device (ED), the UITI-TV and the ED-TV (smart
television systems), are powered by Amiga custom chip-sets and the
Amiga operating system and offer a means by which TV viewers can
bridge the separate worlds of the television, computing and tele-
communications.
Amiga Technologies GmbH will continue to coordinate the production
and distribution of Amiga computers at its headquaters in Bensheim,
Germany.
Additional information on VIScorp and its technologies are available
through its Web site at http://www.vistv.com.
For further information:
ESCOM AG, Dr. Bernd Wirsing, Tel.: +49-6252-709-193
AMIGA Technologies GmbH, Petro Tyschtschenko, Tel.: +49-6251-802-110
VISCorp, Florine Radulovic, Tel.: +1-312655-0903
_________________________________________________________________
AMIGA Copyright 1995-1996 by AMIGA Technologies GmbH - Editor: RME
Send comments to <webmaster@amiga.de> - Date: 25.06.96