Having failed to reach an amicable acquisition agreement with Commodore BV’s management team, Tulip Computers NV, the Den Bosch-based personal computer manufacturer, has waited for its prey to fall into receivership, and has now done a rescue deal with the administrators. Tulip was originally in merger talks with fellow Dutch computer maker, Commodore back in June (CI No 3,191) but the deal failed to reach a conclusion and was called off in July. No financial details of the bankruptcy buy out have been disclosed, but the deal will not include Commodore’s chain of retail outlets, the company said. Tulip has reiterated the plan put forward in June whereby Commodore will retain its brand identity while focusing on the European consumer market. Tulip will continue to concentrate on the professional market. Commodore’s products will now be manufactured exclusively in the Tulip computers factory in Hertogenbosch.
