| Nvidia finalises the full purchase of 3DFX |
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Posted by Winston Chim
on Tuesday, 06 May 2008. 14:55 GMT
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The INQ "NVIDIA HAS FINALLY completed all the outstanding matters relating to its acquisition of graphics company 3DFX. No, this isn't Back to the Future - just this week a federal bankruptcy court threw out the last remaining lawsuit over Graphzilla's monumental acquisition from 2001. After picking up the firm for a bargainous $112m, there were plenty of unhappy parties - including creditors of the firm who believed they didn't get a big enough slice of the pie. They brought a lawsuit against Nvidia claiming it had underpaid fraudulently to avoid paying the debts. A court threw out those claims and said that Nvidia had acted properly - although there is still the possibility that there will be an appeal." LINK
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