Wednesday, 20 August 2008. 08:05 GMT
Make Me Cooler
X-Spice 728
Nvidia finalises the full purchase of 3DFX
Posted by Winston Chim   on Tuesday, 06 May 2008. 14:55 GMT

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

 

  Comments  
X-Spice 728