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Thread: EEK! VisionTek gone under?




  1. #1
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    Seems that things are not golden over at the VisionTek ranch. :(
    http://hardocp.com/article.html?art=MzM5
    Old age and treachery will overcome youth and skill
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  2. #2
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    That's not good (but ya had my heart poundin' before the edit). :(
    <center>:cheers:</center>

  3. #3
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    It seems like nVidia should be more worried than anyone, it'll all even out though as chips sell to different card makers.
    Cameron "Mr.Tweak" Wilmot
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    Tweak Town Pty Ltd

  4. #4
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    Certainly is bad news - warranty difficulty - board shortages etc.

  5. #5
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    Quote Originally Posted by Wiggo
    but ya had my heart poundin' before the edit. :(
    <center>:cheers:</center>
    You normally follow me around pretty quick Wiggo, but I do try to proof my views after I hit the submit button. :)

    Quote Originally Posted by drpeterbright
    Certainly is bad news - warranty difficulty - board shortages etc.
    Yes, the so-called "Lifetime Warranty" of this brand won't be worth much, but I don't think we'll have too much a shortage of video boards unless nVidia can't keep up with the production. Remember the GeForce3 Ti500 GPU shortages? There were so many video card manufacturers wanting this chipset that the poor folks at nVidia couldn't even keep up with the demand! There will always be enough boards to choose from, but VisionTek made a solid board at a decent price. They will be sorely missed in the market if this story turns out to be true. :(
    Old age and treachery will overcome youth and skill
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  6. #6
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    Yeah, not good news for sure - actually on occasion I have looked at the offerings of the VisionTek line pretty hard. Seemed like solid investments to me from the user end.

    A couple new additions to the video market recently, but rather soon to see how they will pan-out.

    I guess the real question is; Who's next?
    The reason a diamond shines so brightly is because it has many facets which reflect light.

  7. #7

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    Is ATI and Nvidia American based companies?

  8. #8
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    nVidia is American based and ATi is based in Canada.
    Old age and treachery will overcome youth and skill
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  9. #9
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    There may be hope yet:

    VisionTek has responded this afternoon (Monday, August 19, 2002) with the following statment.

    Here is our official statement in reaction to HardOCP.com's recent post:

    "An Assignee / Trustee has been appointed, and will attempt to maximize the value of the company's assets. His belief is that the assets have a higher value as a "turn-key" operation than in a liquidation. The Trustee is continuing to operate the company to determine if a sale is a viable alternative to a liquidation, and he is currently talking to interested parties. The company is continuing to take orders, ship products, and honor rebates."

    John Malley
    Director of Marketing & PR
    VisionTek
    Cameron "Mr.Tweak" Wilmot
    Managing Director
    Tweak Town Pty Ltd

  10. #10
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    I certainly wish them the best of luck, but if the finances are in that bad of shape then how long can we expect the business side of their dealings to continue. VisionTek has been a solid company in the past and I hope that they can continue to be so in the future as well.
    Old age and treachery will overcome youth and skill
    My Toys

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