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Re: Aureal (A3D) files for bankruptcy

18 posts by 17 people · 05 Apr 2000 - 08 Apr 2000 16:22 UTC

Colin 05 Apr 2000#280494
It's a shame. A3D technology is far superior to EAX. I just hope that the game developers comtinue to support it!!! ...Colin
rrevved 05 Apr 2000#280572
http://avault.com/news/displaynews.asp?story=452000-154938 Wednesday, April 5, 2000 - 3:49 pm CT Aureal Inc. Files Chapter 11 Reorganization Case Aureal Inc. today filed a petition for relief under chapter 11 insolvency in California in an effort to facilitate a reorganization of its financial affairs. Aureal announced on March 24 the resignation of all of its executive officers, including its president and CEO, its chief technical officer, its chief financial officer, and its chief operating officer and general counsel, along with all senior staff members of Aureal. The Board of Aureal said in a press statement that it is searching to replace or turnaround management, and is considering all necessary actions to either sell the company or its assets, or wind down the company. Aureal announced its financial results for the fourth quarter of 1999 last month, reporting considerable losses. Revenues for the quarter were $8.5 million, down from $11.2 million in the third quarter and $10.8 million in the same period in 1998. Revenues for the full year totaled $40.3 million, a 59 percent increase over $25.3 million in 1998. Fourth quarter operations generated a net loss of $9.5 million compared to a loss of $3.5 million in the fourth quarter of 1998. The year-to-date loss was $26.9 million, compared to a loss of $18.5 million for 1998. Legal expenses attributable to the patent litigation exceeded $6.4 million in 1999, an increase of over $6 million from the prior year. Aureal is a provider of audio "solutions" for the computer, Internet, and professional audio arenas. The company designs, builds and distributes audio semiconductor, audio card and software solutions for personal computers through the OEM and direct-to-customer channels. Aureal's award-winning product line includes A3D positional audio technology, Vortex audio processors, Vortex-based sound cards, and A3D Pro sound design software. For more information on Aureal and its products, visit their websites at www.aureal.com and www.a3d.com. -- * rrev at mindspring dot com *
(unknown) 05 Apr 2000#280575
OUCH! Maybe Guillemot will buy them up now (didn't they acquire Hercules?). -- JB In article <[email hidden]>, rrevved <[email hidden]> wrote:
Quoted text (40 lines)> http://avault.com/news/displaynews.asp?story=452000-154938 > > Wednesday, April 5, 2000 - 3:49 pm CT > Aureal Inc. Files Chapter 11 Reorganization Case > > Aureal Inc. today filed a petition for relief under chapter 11 > insolvency in California in an effort to facilitate a reorganization > of its financial affairs. Aureal announced on March 24 the resignation > of all of its executive officers, including its president and CEO, its > chief technical officer, its chief financial officer, and its chief > operating officer and general counsel, along with all senior staff > members of Aureal. The Board of Aureal said in a press statement that > it is searching to replace or turnaround management, and is > considering all necessary actions to either sell the company or its > assets, or wind down the company. > > Aureal announced its financial results for the fourth quarter of 1999 > last month, reporting considerable losses. Revenues for the quarter > were $8.5 million, down from $11.2 million in the third quarter and > $10.8 million in the same period in 1998. Revenues for the full year > totaled $40.3 million, a 59 percent increase over $25.3 million in > 1998. Fourth quarter operations generated a net loss of $9.5 million > compared to a loss of $3.5 million in the fourth quarter of 1998. The > year-to-date loss was $26.9 million, compared to a loss of $18.5 > million for 1998. Legal expenses attributable to the patent litigation > exceeded $6.4 million in 1999, an increase of over $6 million from the > prior year. > > Aureal is a provider of audio "solutions" for the computer, Internet, > and professional audio arenas. The company designs, builds and > distributes audio semiconductor, audio card and software solutions for > personal computers through the OEM and direct-to-customer channels. > Aureal's award-winning product line includes A3D positional audio > technology, Vortex audio processors, Vortex-based sound cards, and A3D > Pro sound design software. For more information on Aureal and its > products, visit their websites at www.aureal.com and www.a3d.com. > > -- > * rrev at mindspring dot com * >
Sent via Deja.com http://www.deja.com/ Before you buy.
Bulkmann 05 Apr 2000 22:22 UTC#280585
Since they were the small guy in the soundcard (chip) business, it was destined to end this way. If you're the bigger guy, and you can't make a better product than your competition, what do you do? -- you suffocate them in litigation and hope they finally run out of money. Witness the result..... "rrevved" <[email hidden]> wrote in message news:[email hidden]...
Quoted text (39 lines)> http://avault.com/news/displaynews.asp?story=452000-154938 > > Wednesday, April 5, 2000 - 3:49 pm CT > Aureal Inc. Files Chapter 11 Reorganization Case > > Aureal Inc. today filed a petition for relief under chapter 11 > insolvency in California in an effort to facilitate a reorganization > of its financial affairs. Aureal announced on March 24 the resignation > of all of its executive officers, including its president and CEO, its > chief technical officer, its chief financial officer, and its chief > operating officer and general counsel, along with all senior staff > members of Aureal. The Board of Aureal said in a press statement that > it is searching to replace or turnaround management, and is > considering all necessary actions to either sell the company or its > assets, or wind down the company. > > Aureal announced its financial results for the fourth quarter of 1999 > last month, reporting considerable losses. Revenues for the quarter > were $8.5 million, down from $11.2 million in the third quarter and > $10.8 million in the same period in 1998. Revenues for the full year > totaled $40.3 million, a 59 percent increase over $25.3 million in > 1998. Fourth quarter operations generated a net loss of $9.5 million > compared to a loss of $3.5 million in the fourth quarter of 1998. The > year-to-date loss was $26.9 million, compared to a loss of $18.5 > million for 1998. Legal expenses attributable to the patent litigation > exceeded $6.4 million in 1999, an increase of over $6 million from the > prior year. > > Aureal is a provider of audio "solutions" for the computer, Internet, > and professional audio arenas. The company designs, builds and > distributes audio semiconductor, audio card and software solutions for > personal computers through the OEM and direct-to-customer channels. > Aureal's award-winning product line includes A3D positional audio > technology, Vortex audio processors, Vortex-based sound cards, and A3D > Pro sound design software. For more information on Aureal and its > products, visit their websites at www.aureal.com and www.a3d.com. > > -- > * rrev at mindspring dot com *
UnLtd 05 Apr 2000 22:39 UTC#280492
Damn! They made good stuff and supported it well--kind of like 3dfx in the early days. Hopefully someone will pick them up and put them back on their feet. A3D was really nice especially in games like Nascar Racing 3. But then the sound card business seems to have even lower margins than the graphics card business. I'll have to play "Taps" on my MX300 tonight... -UnLtd
Gault 05 Apr 2000 22:40 UTC#280493
<[email hidden]> wrote in message news:8cgdvu$tmu$[email hidden]... > OUCH! Maybe Guillemot will buy them up now (didn't they acquire > Hercules?). Yes they did. Darn shame about Hercules too. The Herc TNT card I had was awesome. Gee, maybe there's a connection here. I bought the Herc TNT card and they go out of business months later. I buy an Aureal SQ2500 in November and now they go bankrupt too. Hmmm.... maybe AMD should persuade me to go elsewhere for my next upgrade. :-)
Michael 06 Apr 2000 00:18 UTC#280405
Yep. I thought I would upgrade from my A3D 1.0 card and bought a Soundblaster Live value. The EAX was ok but I ended up putting the A3D card back in as it simply sounded a bit better. I bought the Soundblaster because I heard the A3D2.0 card bogged down the system. This was apparently fixed later with a driver update. DOH I suspect someone, perhaps with enough muscle to take on Creative (possibly even Creative?), will pick up Aureal as A3D is too good to just bury. -Deckard "Colin" <[email hidden]> wrote in message news:8cgfh2$85s$[email hidden]... > It's a shame. > A3D technology is far superior to EAX. > I just hope that the game developers comtinue to support it!!! > ...Colin > >
jb 06 Apr 2000 10:51 UTC#280340
rrevved -- shouldn't you be working on F1-2000 sounds instead of surfing the web? :) jb rrevved <[email hidden]> wrote in message news:[email hidden]...
Quoted text (39 lines)> http://avault.com/news/displaynews.asp?story=452000-154938 > > Wednesday, April 5, 2000 - 3:49 pm CT > Aureal Inc. Files Chapter 11 Reorganization Case > > Aureal Inc. today filed a petition for relief under chapter 11 > insolvency in California in an effort to facilitate a reorganization > of its financial affairs. Aureal announced on March 24 the resignation > of all of its executive officers, including its president and CEO, its > chief technical officer, its chief financial officer, and its chief > operating officer and general counsel, along with all senior staff > members of Aureal. The Board of Aureal said in a press statement that > it is searching to replace or turnaround management, and is > considering all necessary actions to either sell the company or its > assets, or wind down the company. > > Aureal announced its financial results for the fourth quarter of 1999 > last month, reporting considerable losses. Revenues for the quarter > were $8.5 million, down from $11.2 million in the third quarter and > $10.8 million in the same period in 1998. Revenues for the full year > totaled $40.3 million, a 59 percent increase over $25.3 million in > 1998. Fourth quarter operations generated a net loss of $9.5 million > compared to a loss of $3.5 million in the fourth quarter of 1998. The > year-to-date loss was $26.9 million, compared to a loss of $18.5 > million for 1998. Legal expenses attributable to the patent litigation > exceeded $6.4 million in 1999, an increase of over $6 million from the > prior year. > > Aureal is a provider of audio "solutions" for the computer, Internet, > and professional audio arenas. The company designs, builds and > distributes audio semiconductor, audio card and software solutions for > personal computers through the OEM and direct-to-customer channels. > Aureal's award-winning product line includes A3D positional audio > technology, Vortex audio processors, Vortex-based sound cards, and A3D > Pro sound design software. For more information on Aureal and its > products, visit their websites at www.aureal.com and www.a3d.com. > > -- > * rrev at mindspring dot com *
John Simmons 06 Apr 2000 12:13 UTC#280366
Maybe with Aureal out of the way, Creative labs could pick up the ball on A3D and run with it. They were legally prevented from using it on their soundcards because Aureal either wouldn't let them or offered it up at rediculously high licensing fees. Now that the bigshots at Aureal are taking a bath on their product, they'll be more willing to share the technology with Creative Labs. At this point I awoke and the dream quickly faded... :-) -- ========================================================= Redneck Techno-Biker (Zerex12) http://www.members.home.net/jms1/index.html Barbarian Diecast Collector (420+ cars and counting) http://members.home.net/jsimm/diecast_index.html DeMONS Scheduler for N3 and NL http://www.paddedwall.org/demons If you want to send me email, go to the first URL shown above & click "Send Me Mail" in the contents frame. =========================================================
D. Miller 06 Apr 2000 14:33 UTC#280319
Yep, that really is bad news. The writing was kind of on the wall after their entire board and officers resigned the other week. Too bad. I was looking hard at maybe getting the SQ2500, but now I'm a little concerned because of continued driver support. But my PCI 338 has been a real trooper. D. "Dada" Miller "rrevved" <[email hidden]> wrote in message news:[email hidden]...
Quoted text (39 lines)> http://avault.com/news/displaynews.asp?story=452000-154938 > > Wednesday, April 5, 2000 - 3:49 pm CT > Aureal Inc. Files Chapter 11 Reorganization Case > > Aureal Inc. today filed a petition for relief under chapter 11 > insolvency in California in an effort to facilitate a reorganization > of its financial affairs. Aureal announced on March 24 the resignation > of all of its executive officers, including its president and CEO, its > chief technical officer, its chief financial officer, and its chief > operating officer and general counsel, along with all senior staff > members of Aureal. The Board of Aureal said in a press statement that > it is searching to replace or turnaround management, and is > considering all necessary actions to either sell the company or its > assets, or wind down the company. > > Aureal announced its financial results for the fourth quarter of 1999 > last month, reporting considerable losses. Revenues for the quarter > were $8.5 million, down from $11.2 million in the third quarter and > $10.8 million in the same period in 1998. Revenues for the full year > totaled $40.3 million, a 59 percent increase over $25.3 million in > 1998. Fourth quarter operations generated a net loss of $9.5 million > compared to a loss of $3.5 million in the fourth quarter of 1998. The > year-to-date loss was $26.9 million, compared to a loss of $18.5 > million for 1998. Legal expenses attributable to the patent litigation > exceeded $6.4 million in 1999, an increase of over $6 million from the > prior year. > > Aureal is a provider of audio "solutions" for the computer, Internet, > and professional audio arenas. The company designs, builds and > distributes audio semiconductor, audio card and software solutions for > personal computers through the OEM and direct-to-customer channels. > Aureal's award-winning product line includes A3D positional audio > technology, Vortex audio processors, Vortex-based sound cards, and A3D > Pro sound design software. For more information on Aureal and its > products, visit their websites at www.aureal.com and www.a3d.com. > > -- > * rrev at mindspring dot com *
Sean Tudor 07 Apr 2000 01:14 UTC#280483
On Wed, 05 Apr 2000 16:46:35 -0500, rrevved <[email hidden]> wrote: >http://avault.com/news/displaynews.asp?story=452000-154938 >Wednesday, April 5, 2000 - 3:49 pm CT >Aureal Inc. Files Chapter 11 Reorganization Case Whilst I have never owned an Aureal product ( I love my SBLive!) I have to say this is sad news. Creative does need competition to keep prices down. ------------------------ Sean Tudor Sydney, Australia ------------------------ This is my cannon, this is my gun One is for bandits, and one is for fun ------------------------ studor at ozemail dot com dot au
On the following date: Sat, 08 Apr 2000 15:36:50 GMT, said person(s) "Todd Sorensen" <[email hidden]> stated: >Please try to keep your posts on topic. Thank you. Please keep your arrogant ass out of our newsgroup. Thank you. - James "Gunslinger" Wohlever [email hidden] Techware Computer Services http://techware.gtinsider.com Send ATTACHMENTS (Files) to: [email hidden]
L'acrobat 08 Apr 2000#279706
"Michael" <[email hidden]> wrote in message news:8cgl5e$ubo$[email hidden]... > Yep. I thought I would upgrade from my A3D 1.0 card and bought a > Soundblaster Live value. The EAX was ok but I ended up putting the A3Dcard > back in as it simply sounded a bit better. I bought the Soundblasterbecause > I heard the A3D2.0 card bogged down the system. This was apparently fixed > later with a driver update. DOH > > I suspect someone, perhaps with enough muscle to take on Creative(possibly > even Creative?), will pick up Aureal as A3D is too good to just bury. My money is on S3/Diamond
Todd Sorensen 08 Apr 2000 15:36 UTC#279592
Please try to keep your posts on topic. Thank you. rrevved <[email hidden]> wrote in message news:[email hidden]...
Quoted text (39 lines)> http://avault.com/news/displaynews.asp?story=452000-154938 > > Wednesday, April 5, 2000 - 3:49 pm CT > Aureal Inc. Files Chapter 11 Reorganization Case > > Aureal Inc. today filed a petition for relief under chapter 11 > insolvency in California in an effort to facilitate a reorganization > of its financial affairs. Aureal announced on March 24 the resignation > of all of its executive officers, including its president and CEO, its > chief technical officer, its chief financial officer, and its chief > operating officer and general counsel, along with all senior staff > members of Aureal. The Board of Aureal said in a press statement that > it is searching to replace or turnaround management, and is > considering all necessary actions to either sell the company or its > assets, or wind down the company. > > Aureal announced its financial results for the fourth quarter of 1999 > last month, reporting considerable losses. Revenues for the quarter > were $8.5 million, down from $11.2 million in the third quarter and > $10.8 million in the same period in 1998. Revenues for the full year > totaled $40.3 million, a 59 percent increase over $25.3 million in > 1998. Fourth quarter operations generated a net loss of $9.5 million > compared to a loss of $3.5 million in the fourth quarter of 1998. The > year-to-date loss was $26.9 million, compared to a loss of $18.5 > million for 1998. Legal expenses attributable to the patent litigation > exceeded $6.4 million in 1999, an increase of over $6 million from the > prior year. > > Aureal is a provider of audio "solutions" for the computer, Internet, > and professional audio arenas. The company designs, builds and > distributes audio semiconductor, audio card and software solutions for > personal computers through the OEM and direct-to-customer channels. > Aureal's award-winning product line includes A3D positional audio > technology, Vortex audio processors, Vortex-based sound cards, and A3D > Pro sound design software. For more information on Aureal and its > products, visit their websites at www.aureal.com and www.a3d.com. > > -- > * rrev at mindspring dot com *
Ambulater 08 Apr 2000 15:47 UTC#279598
Todd, that's why flight simming is a true "hobby", it's multi-faceted. We are concerned not only with the software half of the hobby, but with essential hardware half of the hobby as well. Please try to expand your thinking. Thank you. -- Christopher "Ambulater" Lee "Dodge this." (ambulate at radiks dot net) "Todd Sorensen" <[email hidden]> wrote in message news:mmIH4.33078$[email hidden]... > Please try to keep your posts on topic. Thank you. > > > rrevved <[email hidden]> wrote in message > news:[email hidden]... > > http://avault.com/news/displaynews.asp?story=452000-154938 > > > > Wednesday, April 5, 2000 - 3:49 pm CT > > Aureal Inc. Files Chapter 11 Reorganization Case > > > > Aureal Inc. today filed a petition for relief under chapter 11 > > insolvency in California in an effort to facilitate a reorganization > > of its financial affairs. Aureal announced on March 24 the resignation > > of all of its executive officers, including its president and CEO, its > > chief technical officer, its chief financial officer, and its chief > > operating officer and general counsel, along with all senior staff > > members of Aureal. The Board of Aureal said in a press statement that > > it is searching to replace or turnaround management, and is > > considering all necessary actions to either sell the company or its > > assets, or wind down the company. > > > > Aureal announced its financial results for the fourth quarter of 1999 > > last month, reporting considerable losses. Revenues for the quarter > > were $8.5 million, down from $11.2 million in the third quarter and > > $10.8 million in the same period in 1998. Revenues for the full year > > totaled $40.3 million, a 59 percent increase over $25.3 million in > > 1998. Fourth quarter operations generated a net loss of $9.5 million > > compared to a loss of $3.5 million in the fourth quarter of 1998. The > > year-to-date loss was $26.9 million, compared to a loss of $18.5 > > million for 1998. Legal expenses attributable to the patent litigation > > exceeded $6.4 million in 1999, an increase of over $6 million from the > > prior year. > > > > Aureal is a provider of audio "solutions" for the computer, Internet, > > and professional audio arenas. The company designs, builds and > > distributes audio semiconductor, audio card and software solutions for > > personal computers through the OEM and direct-to-customer channels. > > Aureal's award-winning product line includes A3D positional audio > > technology, Vortex audio processors, Vortex-based sound cards, and A3D > > Pro sound design software. For more information on Aureal and its > > products, visit their websites at www.aureal.com and www.a3d.com. > > > > -- > > * rrev at mindspring dot com * > >
gregs 08 Apr 2000 16:22 UTC#279613
Todd Sorensen <[email hidden]> wrote in message news:mmIH4.33078$[email hidden]... > Please try to keep your posts on topic. Thank you. Uh, computer sims... 3D cards... seems pretty "on topic" to me.

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