Newsgroup: it.comp.hardware.video-3d
Titolo: P*****a t***a... NVIDIA compra 3dfx...

Signori, il Monopolio e' qui.
...
3DFX Announces Three Major Initiatives to Protect Creditors and Maximize
Shareholder Value
Board of Directors Initiates Cost-Cutting Measures, Recommends to
Shareholders Sale of Company Assets to NVIDIA Corporation for $112 Million
and Dissolution Of Company
SAN JOSE, Calif., Dec. 15 -- In an effort to protect its creditors and
maximize shareholder value, 3dfx Interactive, Inc. (Nasdaq: TDFX - news)
announced today that it will substantially reduce all of its workforce as
part of an initiative to significantly reduce expenses. In addition, the
company said its Board of Directors will recommend to its shareholders that
they approve the sale of most of the company's assets to NVIDIA Corporation
(Nasdaq: NVDA - news) as outlined in a definitive agreement between the
companies that was signed today, and also approve a plan to dissolve the
company following completion of the asset sale.
``After aggressively pursuing a wide range of options that take into
consideration the interests of our creditors, our shareholders, our
employees and our customers,'' said Alex Leupp, president and CEO, 3dfx
Interactive Inc., ``we strongly believe that to reduce expenses, sell our
assets and dissolve the company provides the highest return to our
creditors, shareholders, and employees.''
``We expect that the combined technologies of 3dfx and NVIDIA will continue
the legacy that 3dfx began in 1994,'' Leupp continued. ``NVIDIA is the
number one supplier of graphics technology to the OEM market. With the
addition of 3dfx's high-quality technology that leads the retail market, we
believe the combination of the two will result in even greater PC graphics
leadership.''
The target market for 3dfx has historically been the retail graphics market,
a market that 3dfx has dominated since 1998. The segment represents
approximately 10 percent of the overall graphics market, and is subject to
extreme volatility and unpredictability. Specifically, high inventory
expenses, decreasing margins, and slowing demand have done irreparable harm
to 3dfx. While the company had recently announced plans to expand its
business into additional markets, it has been unable to invest in its
expansion under current business and financial market conditions.
The company announced that it plans to substantially reduce its costs in
order to best conserve its resources. These cost-cutting measures include a
reduction of substantially all of the company's workforce by early next
year, reduction in office space, and other efforts to reduce non-essential
expenses. 3dfx is also providing manufacturing services to third parties to
help cover the overhead associated with its Juarez, Mexico manufacturing
facility pending the sale of that facility. In the meantime, 3dfx expects to
continue to maintain an adequate workforce to support its customers.
The Board of Directors, with the assistance of the company's advisors, has
undergone exhaustive efforts to explore many alternatives including raising
new financing to continue its operations and exploring various strategic
alliances and business combinations. It has concluded that the best
interests of the creditors and shareholders will be served by selling its
assets to NVIDIA Corporation, as outlined in a definitive agreement between
the companies signed today, and also to approve the plan for dissolution.
Under the terms of the agreement signed today, NVIDIA has agreed to pay a
value of $112 million ($70 million cash and one million shares of registered
NVIDIA common stock as value based on NVIDIA's closing price on December 14,
2000).
Upon signing the definitive agreement, NVIDIA has agreed to loan to 3dfx $15
million for working capital, which will be credited to the cash portion of
the purchase price. In addition, 3dfx and NVIDIA have agreed to stay the
patent infringement litigation between them through closing of the
transaction, at which time the suits will be jointly dismissed with
prejudice. Assets included in the transaction include all 3dfx intellectual
property and chip inventory as well as certain other assets. In addition,
upon signing the definitive agreement, 3dfx transferred to NVIDIA the
``3dfx'' and ``Voodoo'' brand names and trademarks.
The closing of the transaction is subject to a variety of conditions,
including 3dfx shareholder approval, receipt of governmental approvals
including the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and
receipt of all necessary consents of third parties.
After closing the NVIDIA asset sale and upon 3dfx shareholder approval, 3dfx
will proceed to pay or adequately provide for its debts and liabilities.
3dfx will thereafter distribute its remaining assets to its shareholders in
one or more distributions.
...
Non so piu' cosa dire.
Spero che ne valga la pena.
Commenti ulteriori quando saro' ritornato lucido.
Ciao,
Pietro

 ha scritto nel messaggio
news:_Zw_5.113216$hk4.4...@news.infostrada.it...


siamo nella merda.
al, possessore di geppona ddr

 wrote in message
_Zw_5.113216$hk4.4...@news.infostrada.it...


 wrote in message
_Zw_5.113216$hk4.4...@news.infostrada.it...
| Signori, il Monopolio e' qui.
|
| ...
|
| 3DFX Announces Three Major Initiatives to Protect Creditors and Maximize
| Shareholder Value
|
|
[ippercut]
... ci sono anche un sacco di siti che riportano la notizia in italiano!!!
Bino---

 il 3dmark a 10000
se vai sul sito della madonion ti rendi conto che col la ultra e proc
potenti (1200 mhz) già si superano i 10.000, e senza scomodare l'nv20

> ... ci sono anche un sacco di siti che riportano la notizia in italiano!!!
Ma dai? Il tempo e' un valore soggettivo, eh?
Ciao,
Pietro

 ATI?
Mai sentita una cosa del genere.

 ha scritto nel messaggio
news:mmy_5.113855$hk4.4...@news.infostrada.it...
