December 30, 2004 12:18 PM PST
Commodore brand sold to music distributor
Tulip Computers, based in the Netherlands, has agreed to sell its Commodore International subsidiary to Yeahronimo Media Ventures in a deal worth just over $32.7 million. Yeahronimo said on Wednesday that Tulip Computers will remain active in the production of Commodore products. But just what the companies will do with the brand is unclear.
Beverly Hills, Calif.-based Yeahronimo produces software that allows for the legal downloading of multimedia content from copyright holders. No stranger to the digital music business, Tulip this year announced several products under the Commodore name, including portable USB storage devices, low-end digital music players as well as a 20GB digital music player. According to the release, the sale will give Yeahronimo the ability to continue the sale of these products as well as to "develop a worldwide entertainment concept."
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- This is shamefull, tearing out and using good old commodore trademarks and logos for who know what use, and somehow use us who loved that machine and company that helped us started out journey into computer world... Commodore had soul.. give it back to people!
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