[H]ardNews 8th Edition - VisionTek Update

VisionTek Update:

This is rather odd, we have heard from several sources, including PowerLeap, the CPU upgrade and adapter people, that Equity Partners, Inc. working on behalf of Visiontek is actually faxing out invitations to other companies that is basically soliciting potential buyers for what is left of VisionTek for $150 Million. That much we know from PowerLeap.

Now, unconfirmed rumors from the retail market say that after the current stock of VisionTek cards are gone off the shelves, they will no longer stock the VisionTek brand ever. This makes things even harder on VisionTek, whom…from what is going around the rumor mill, will essentially only have their name, what equipment they do have left and a building for $150 Million, which is not what you would call a bargain. So with rumors of no channel sales to offer, no partner to make their cards, and barely more than the shirts on their backs ( a $150 million dollar shirt according to the fax ), things are looking pretty grim for VT all the way around.