Newer Technology, the out-of-business maker of Macintosh accelerator products, has posted information regarding its proposed sale of assets.
online info, the sale of the finished goods inventory will be by private treaty for US$106,743. The sale will be conducted at the offices of the Law Firm of Speth & King, Wichita, Kansas, on March 20, unless an objection to the proposed sale is filed. The inventory to be sold
is also online. (Competing bids will be accepted either prior to or at the sale on March 20, 2001, at the Law Offices of Speth & King.)
Newer closed its doors in late December. As
on Jan. 20, the company had a long history as a Macintosh peripherals maker, dating back to 1984 — the year Apple first debuted the Macintosh. The company first produced memory boards and other peripherals for the Mac, migrating its focus to processor upgrades in the 1990’s. Through the course of its life, Newer developed upgrades for Power Mac, iMac, and PowerBook systems, often beating other processor upgrade makers to the punch. Newer hit hard times in 1999, and secured an equity partnership with Tri-M Technologies Ltd., with whom Newer had an already established working relationship.
(Thanks to MacCentral reader Martin Totusek for the heads-up on this item.)