UPDATE VisionTek and PNY are rumored to be falling on hard times.

Posted By: Steve McBarnes - 04:20:22 Fri, July 17, 2009

There are people out there, in the world. Some of these people are murmuring. And some of those people are murmuring about PNY and VisionTek's financial woes. PNY is rumored to be trying to sell their video card and memory business (which is all I know them for) and VisionTek might be filing for the dreaded bankruptcy. Looking at this thread, it seems that people are glad that VisionTek might be circling the drain and kinda indifferent about PNY's supposed problems.

I once owned GeForce 4 and a AGP 6800 GT from PNY and they were both fine products. The 6800 GT is still alive in kicking in my old PC that I sold to my dad.I don't really mind if PNY stops making video cards, but I find it hard to believe that they won't be making memory products anymore.

UPDATE:

VisionTek responded to [H]ard|OCP's article, and while it was not mentioned in their official response, [H]ard|OCP has learned that VisionTek was saved from bankruptcy by a large "infusion of venture capital".

3 Comments

Friday, July 17, 2009 10:24:26 PM

anonymousD
n00b

its allways the small dogs to die of hunger first alltought it should be easier for them to get restructured and such ;)

Saturday, July 18, 2009 3:26:38 AM

I've bought PNY video cards in the past and have had nothing but success with them. VisionTek...nothing but problems. I'd be a sad panda if PNY went down the drain. If VisionTek did, I'd feel bad for the workers but not the company in general.

Sunday, July 19, 2009 12:49:05 AM

Tofuman88
n00b

Wow...such a shocking newsflash for me. To be honest, Visiontek was a strange company to me and having a few of their problematic products doesnt help their positive mention from me, however, PNY throwing in the towel is indeed grave news.

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