from
The Free On-line Dictionary of Computing (8 July 2008)
Commodore Business Machines
<company> (CBM) Makers of the {PET}, {Commodore 64},
{Commodore 16}, {Commodore 128}, and {Amiga} {personal
computers}. Their logo is a {chicken head}.
On 1994-04-29, Commodore International announced that it had
been unable to renegotiate terms of outstanding loans and was
closing down the business. Commodore US was expected to go
into liquidation. Commodore US, France, Spain, and Belgium
were liquidated for various reasons. The names Commodore and
Amiga were maintained after the liquidation.
On 1995-04-21, German retailer {Escom AG} bought Commodore
International for $14m and production of the Amiga resumed.
Tulip Computers took over the brand in the Netherlands.
Production of the 8-bit range alledgedly never stopped during
the time in liquidation because a Chinese company were
producing the {C64} in large numbers for the local market
there.
In 2004, Tulip sold the Commodore name to another Dutch firm,
Yeahronimo. In April 2008 three creditors took the company to
court demanding a bankruptcy ruling.
(2008-04-21)