Tulip wants to take over Commodore

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.