3dfx recommends sale of assets
updated 06:18 pm EST, Fri December 15, 2000
Graphics chip manufacturer 3dfx Interactive announced today that it will substantially reduce all of its workforce as part of an initiative to significantly reduce expenses and is recommending to its shareholders that they approve an agreement to sell certain assets and products of the company for $112 million to Nvidia, the company's long-time competitor and market leader in PC graphics and that the company be dissolved following the sale. A letter from 3dfx's CTO Scott Sellers, a revolutionary in 3D graphics engineering, addresses the company's customers for future support of the company's products.



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I love my Radeon
It's sad to see a pioneer fall to its death, but boy am I glad that I chose the Radeon over the Voodoo5! Bring on the GeForce2 MX!