Linked by Thom Holwerda on Mon 16th Oct 2006 21:05 UTC
Hardware, Embedded Systems NEC confirmed that it was exiting the European PC market, announcing it had reached a deal to sell its Netherlands-based Packard Bell subsidiary to Chinese entrepreneur Lap Shun 'John' Hui. Financial terms of the deal were not disclosed. Although a popular brand of computers in for a short period of time in the mid 1990s worldwide, Packard Bell quickly was eclipsed by competitors, mainly for a reputation of lackluster quality and poor customer support.
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RE: This seems kind of dumb ...
by lfeagan on Tue 17th Oct 2006 04:43 UTC in reply to "This seems kind of dumb ..."
lfeagan
Member since:
2006-04-01

No kidding, can someone please explain the value of buying PB? The name is clearly awfully tarnished. The only other reasons to purchase PB would be for things like distribution structure or manufacturing facilities. I can't imagine that either of those would be worth more than firesale prices.

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