SonicBlue Goes Bust

21Mar03

SONICblue to File for Voluntary Reorganization Under Chapter 11; Proposes to Sell ReplayTV and Rio Business Units to D&M Holdings; Signs Definitive Agreement With Opta Systems to Sell GoVideo Assets [Link via Gizmodo]

Sounds like they’re planning to reorganize themselves right out of business. My new ReplayTV may find it’s way back to Best Buy next week…


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