VisionTek likely to file bankruptcy

Written by David Stellmack

Friday, 17 July 2009 04:41

Word is they are going under again Our sources are whispering to us that unless some sort of miracle happens quickly and VisionTek gets a rather large infusion of cash, the company is expected to officially announce that they will file for bankruptcy. While the company has yet to confirm anything specific, it is not at all unexpected, as graphics card manufacturers are struggling to make it in these difficult economic conditions; and this has led companies to struggle that have a core business of just selling video cards. VisionTek is not the only video card company that is in difficulty, and from the whispers that we are hearing it might not be the last if these companies are not able to change their business model to sell more than video cards. While the company has yet to confirm anything specific, it is not at all unexpected, as graphics card manufacturers are struggling to make it in these difficult economic conditions; and this has led companies to struggle that have a core business of just selling video cards. VisionTek is not the only video card company that is in difficulty, and from the whispers that we are hearing it might not be the last if these companies are not able to change their business model to sell more than video cards. While VisionTek has not yet officially commented on the possibility, we expect to hear something by early next week according to our sources. http://www.fudzilla.com/content/view/14696/1/