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Tulip wants to take over Commodore

Thursday 27 September 2007

Dutch computer firm Tulip is planning to bid $1 a share for the US computer firm Commodore, valuing the company at $81m.

Amersfoort-based Tulip owned the Commodore name from 1997 to 2004 when it sold it for €24m.

'In the meantime much has changed at Commodore and it has launched new activities,' a Tulip spokesman said. The takeover 'fits in our strategy of increasing our sales base through takeovers,' he added.

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