Financially troubled German PC retailer Escom AG says it will sell its Amiga Technologies
GmbH subsidiary to Visual Information Services (VIScorp) of Chicago in a US$40 million transaction.
Escom acquired the Commodore and Amiga computer technology, patents, intellectual properties, and brand
names in April 1995 for US$10 million at a bankruptcy auction for Commodore International, which filed for
liquidation in 1994. Escom earlier this year itself reported losses of US$85 million for 1995, prompting founder
Manfred Schmitt to resign last month. Selling Amiga will allow Escom to better concentrate on its core
business of PC retailing, Escom said in a statement. VIScorp, which makes set-top boxes, will acquire the
Amiga and Commodore technology and intellectual property, but not the Commodore brand names, Escom