http://www.s3.com/corporate/news/corp/990622.htm
Excerpt:
Santa Clara, Calif. -- June 22, 1999 -- S3 Incorporated (NASDAQ: SIII)
today announced that it has entered into a definitive agreement to
acquire Diamond Multimedia Systems, Inc. (NASDAQ: DIMD), a leading
supplier of PC Multimedia and Internet connectivity solutions. In a
strategic move to capitalize on high-growth areas, S3 expects to
emerge as a key player in the Internet appliance and home networking
markets. S3 also plans to maximize the two companies' multimedia
strengths to become a total solutions provider (silicon, software and
PC boards) for its graphics business.
"Today's announcement represents a significant strategic shift for S3,
which was focused solely on the PC graphics market," said Ken
Potashner, president and CEO of S3 Incorporated. "By merging the
strengths of both companies, we intend to create a major force in the
industry for Internet appliances, broadband communications, home
networking and complete graphics solutions."
--
// rrevved at mindspring dot com
Quoted text (7 lines)
>http://www.s3.com/corporate/news/corp/990622.htm >Excerpt: >Santa Clara, Calif. -- June 22, 1999 -- S3 Incorporated (NASDAQ: SIII) >today announced that it has entered into a definitive agreement to >acquire Diamond Multimedia Systems, Inc.> Oh great .. real great . I had to give S3 a call about one of their
> cards , came with a friend's computer, straight from S3.
> Hahahahahahaha No tech support , no one who even spoke goddamn English
> at their corporate HQ general operator number . This is gonna be real
> interesting , no matter how it turns out. <g>
Let's see. Diamond bought Supra, S3 bought Diamond. 3COM bought USR.
Hayes went bankrupt. Every single modem maker I trust has either been
merged into oblivion or gone broke. When my kids are growing up, I'll
probably babble to them about Supra the same way my grandpa babbles
about his Packard coupe. ;P
I saw Packard built components in our workplace ice machine today.. just
something to think about. Intel could be a faceless fuel pump
manufacturer thirty years from now.
ranting again;
klink
