| [News] Amino Development Buys Amiga Name, Inventory From Gateway | Link |
| Posted on 01-Jan-1970 00:00 GMT by | 8 comments (3k)
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Friday December 31 9:00am
Source: PR Newswire
SAN DIEGO, Dec. 31 /PRNewswire/ -- Amino Development Corp., a privately held company based in Maple Valley, WA, has purchased from Gateway (NYSE: GTW) the Amiga trademarks and Amiga computer systems. Terms of the transaction were not disclosed.
Peter Ashkin, Gateway senior vice president, said that the company elected to sell the name after deciding to fold Amiga's software engineering function into Gateway's product development activity as part of Gateway's overall strategy to develop and market the coming generation of Internet appliances.
"Amiga, as a personal computer brand, has a loyal following of fans around the world," Ashkin said. "Under Gateway's wing, Amiga morphed into a software development company working on a new Internet appliance operating environment software. Now that we're bringing that development work into Gateway product development, it made sense to find a buyer for Amiga."
"Yee-haw " said Bill McEwen, president and CEO of Amino. "This is a very exciting day, and now an even more exciting tomorrow. Now we can finish the job that was started 15 years ago."
The transaction, which is effective immediately, includes the transfer of all Internet domain names related to Amiga that were held by Gateway. Gateway will retain ownership of all patents acquired when it bought Amiga in 1997.
About Gateway
Gateway (NYSE: GTW), a Fortune 250 company founded in 1985, focuses on building lifelong relationships with consumers and businesses through complete technology personalization. Gateway ranked number one in U.S. consumer PC revenue in the second quarter of 1999(1) and was rated among the top ten best corporate reputations in America according to a survey conducted in August of 1999 by Harris Interactive and the Reputation Institute and published in The Wall Street Journal. Gateway employees worldwide provide clients with services and built-to-order computers that consistently win top awards from leading industry publications. Gateway had total global revenue of $7.5 billion in 1998 and shipped 3.54 million systems. For more information, visit our Web site at www.gateway.com.
(1) According to GartnerGroup/Dataquest US PC Quarterly statistics.
Source: Gateway
Contact: John W. Spelich of Gateway, 858-799-2657, john.spelich@gateway.com; or Bill McEwen of Amino Development Corp., 425-413-2620, bill.mc@prodigy.net
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Amino Development Buys Amiga Name, Inventory From Gateway : Comment 1 of 8 | Posted by Amiga Community () on 31-Dec-1999 | Excellent!!! NOW DO SOMETHING with the AMIGA!!! Gateway refused! This is
Awesome news! TALK to Us!! Continue Development on it, Make NEW machines,
make the OLDER machines!
We do NOT want WinSuck machines!!!!!! AMIGA Forever!! COMMMMMOOONNN Bill!!!
(Erm, not Gates!) :)
Great News for Y2K. You guys now have a YEAR until the new Millennium. :)
We'll be WATCHING as always. :)
Go, Amino, Go, Amino!!! :)))) AMIGA, Forever!
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Amino Development Buys Amiga Name, Inventory From Gateway : Comment 4 of 8 | Posted by Andrew Gregory () on 31-Dec-1999 | This is great news! Amino and all the developers want to develop
the old and new Amigas and I hope they will find some common
intersection, so we can still use our old Amigas, and fold that
into the new Amiga....
Good luck to Gateway, I hope they can compete with all the other
2 thousand vendors of internet appliances.
Go Amino. Make something cool, novel, fast, multi-threaded, -tasking,
HDTV compatible, HAVi, or whatever......please make a HDTV compatible
portable small laptop, communication device....
There is still hope......
Congratulations to everyone who didn't and won't give in to
crappy, overhyped, products!
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