DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
January 17, 2018 
Main Menu
News archives

Who's Online
There are currently 90 people online.


Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller

Follow us

Qimonda gets two months to find an investor

Posted on Friday, January 30 2009 @ 21:15:44 CET by

Insolvent memory maker Qimonda has received a lifeline of two months. Insolvency administrator Michael Jaffé wants to avoid breaking up Qimonda, and explains the German firm has until the end of March to find an investor.
"It is definitive: If we don't have an investor by end of March, the company will face breaking up", a spokesperson of insolvency administrator Michael Jaffé explained. Currently, the production as well as all other activities of the company including R&D continue to work. Wages and other running expenses are covered by insolvency protection — but only until end of March. "Beginning April 1st, the company will have to be able to fund itself independently of insolvency protection. Thus, by this date there must be bridging loan or an investor available. The most urgent issue currently is liquidity," the spokesperson said.

He acknowledged media reports that the insolvency administrator had first contacts with potential suitors, but declined to elaborate on their specific interests. "We will continue to contact potentially interested parties", he added.
More details at EE Times.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba