Originally posted on December 30, 2004 @ 11:55 am
The venerable and once-proud Commodore computer brand has been sold by its Dutch owners to a Beverly Hills, Calif.-based digital content distributor for 24 million euros ($32.7 U.S.).
Tulip Computers NV of the Netherlands signed a letter of intent Wednesday with Yeahronimo Media Ventures, a U.S. firm that distributes digital music, and sells real-time access to sporting events and concerts. The deal gives Yeahronimo “full control of the brand Commodore in order to further develop a worldwide entertainment concept,” said Tulip in a statement.
Source: Tech Web