"This acquisition is good news for Gateway and customers of Amiga," said Rick Snyder, president and COO of Gateway 2000. "It will strengthen our intellectual property position and invigorate a company that has been a pioneer in multimedia solutions and operating systems technology."
The offer has been accepted by the court-appointed Administrator in Bankruptcy in Germany acting on behalf of Escom. The agreement is still awaiting regulatory approval but is not expected to meet with any resistance.
Gateway is saying that should the purchase go through, its Amiga business will operate as a separate business unit and will retain its current president, Petro Tyschtschenko. Gateway will be putting the unit to work developing new products for the Amiga market. Exactly what new products are to be developed and whether or not they will ever see the light of day in the US remains to be seen.
The Amiga continues to be one of the major gaming platforms in Europe despite the catatonic state of the company over the course of the last few years.
Sony UK Sells 50K
