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Posts with tag bankrupt

High-end HDMI provider VizionWare closes down

VizionWare Hi-Wirez HDMI cable
It's not fun to hear about people losing jobs these days, but we're not fond of high-end cables around these parts, especially for digital signals like HDMI. The number of purveyors of high-end HDMI purveyors just decreased with the loss of VizionWare, which had a range of amplified HDMI cables suitable for long run lengths. Unlike some other companies, VizionWare actually had some original tech in its offerings, so it's not at the top of our list of companies we'd like to see go under, but the sole focus on HDMI proved to be too small of a niche to justify its $20M in VC funding. The company's internet storefront is still up for now, but those looking for closeout bargains will be disappointed -- prices start at $20 for a passive 4-ft cable, and active cables starts at $83 for that same length.

MovieBeam to have one last go at it?


When MovieBeam shut down operations last December, we had a feeling we wouldn't be mourning for long, but we definitely didn't see it playing out like this. Reportedly, Movie Gallery is asking for bankruptcy court approval to sell its VOD service to one Dar Capital Limited for a cool $2.25 million. Should the deal go down, the firm would technically pick up 1,800 customers who had once shelled out for the dedicated set-top-box -- but really, why on Earth would any halfway sane investor exhume this thoroughly decomposed corpse and attempt to breathe new life into it?




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