Dutch PC Firm Tulip Sells Commodore Name to Media Firm Yeahronimo
Amsterdam -- Tulip Computers NV, a PC maker based in the Netherlands, recently announced that it has agreed to sell its subsidiary Commodore International BV to Yeahronimo Media Ventures Inc., a California-based media firm. Under the terms of the agreement, Yeahronimo will pay the Dutch firm approximately $38.1 million in installments until the year 2010. Yeahronimo will gain full control over the Commodore brand name "in order to further develop a worldwide entertainment concept", the company said. Tulip acquired Commodore in September 1997, after offloading the Amiga name and platform to Gateway.
http://biz.yahoo.com/prnews/041229/law013_1.html
http://www.tulip.com
http://www.yeahronimo.com
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